Document Type

Lessons Learned

JEL Codes

G01, G28


Chris Ricciardi was a CDO pioneer who built the structured products units at CS First Boston and Merrill Lynch before moving to the asset management side. Ricciardi began his career structuring novel fixed-income securities at Prudential. At CS First Boston and Merrill, he catapulted each investment bank’s lagging unit into the top of the league tables for CDO (collateralized debt obligation) issuance. He was CEO of Cohen & Co. from 2006 to 2011, when he left to co-found investment management firm Mead Park Management. A graduate of the University of Richmond with an MBA from the Wharton School of the University of Pennsylvania, Ricciardi presently serves as CEO and co-founder of Edly ISA marketplace, an income-sharing initiative for financing college tuition. This Lessons Learned summary is based on an interview with Ricciardi.

Date Revised