Shawn Baldwin

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Shawn D. Baldwin
Born February 26, 1966
Dayton, Ohio
Nationality United States
Occupation Financier
Known for founding AIA Group (AIA) and Capital Management Group (CMG)
Website shawn-baldwin.com

Shawn D. Baldwin (born February 26, 1966)[1] is an international financier, trader and investor. He is the Chairman of AIA Group (AIA), an alternative investment firm based in Chicago.[2][3]

Biography[edit]

Baldwin is a native of Ohio. When he was twenty-three years old, Baldwin opened a nightclub in Dayton, Ohio.[citation needed]

Baldwin received a bachelor's degree from Antioch University. He later studied at the University of Oxford's Saïd Business School, where he received an M.F.S.[4]

Professional career[edit]

Headquartered in Chicago, Baldwin's Capital Management Group (CMG) was formed through the acquisition of several companies. First, Baldwin acquired in November 2001 MuniDirect, a broker-dealer based in Atlanta, Georgia. In December of that same year, Baldwin bought KCM Capital Management, a broker-dealer based in Anguilla but headquartered in Chicago. He also gained control of the Stature Multi-Allocation Fund, a hedge fund worth $56 million.[5] From 2002 to 2005, CMG participated in over 75 transactions for a par of over $68 billion in equity and debt transactions, which included Google and The Travelers Companies.[6]

In December 2006, the National Association of Securities Dealers (later renamed to Financial Industry Regulatory Authority) expelled CMG and Baldwin, preventing the company from continuing its trade activities.[7] The expulsion and bar were overturned by FINRA adjudicators in a January 2009 decision in which they cited "contradictory" statements by the regulators. Baldwin and CMG were given a $25,000 fine and two-year suspension for not fully responding in which he did not submit a deposit ticket for a wire and a bank statement for a brokerage account.[8] This $25,000 fine made him file for bankruptcy that same year.

Media coverage and distinctions[edit]

Baldwin has been profiled in many magazines,[7] including The Economist, BusinessWeek, Forbes, Fortune, Money, and Investment Dealers' Digest, and has appeared on a number of television networks, including Bloomberg, CNN, CNBC, NBC, and CBS.[9] Investment Dealers' Digest named him one of the Top 40 Investment Bankers under 40.[9] In 2006, Baldwin was named one of the Top 75 Blacks on Wall Street by Black Enterprise.[10] He is a contributor to the financial articles of Fast Company[11] and Forbes. In 2006, Baldwin was the financial spokesperson for BlackBerry and the subject of commercials and a print campaign that ran in Forbes, Fortune and BusinessWeek.[4] Baldwin has been also quoted in The Wall Street Journal.[12]

References[edit]

  1. ^ "Hotlist 05: they're bold, innovative, powerful--and all under 40.". Black Enterprise. 2005-12-01. Archived from the original on 2009-10-24. Retrieved 2009-10-24. 
  2. ^ "Shawn Baldwin, Chairman of AIA Group, among top business leaders attending Bloomberg Technology Conference: Code and the Corner". Bloomberg Business. Bloomberg L.P. 2015-06-18. 
  3. ^ "Shawn Baldwin, Chairman of AIA Group, joins world leaders at Milken Institute Global Conference". Chicago Tribune. Tribune Publishing. 2015-05-11. 
  4. ^ a b Owens, Anna. "All The Right Moves: Investment Banker Shawn Baldwin Heads East- the Middle East". Bears and Bulls. Archived from the original on 2009-10-24. Retrieved 2009-10-24. 
  5. ^ Hughes, Alan (2002-04-01). "On the fast track: Shawn Baldwin is building a financial services firm one acquisition at a time". BlackEnterprise. Archived from the original on 2009-10-24. Retrieved 2009-04-06. 
  6. ^ O'Connor, Colleen Marie (2006-11-27). "Investment Dealers Digest 40 Under 40". Investment Dealers' Digest. 
  7. ^ a b Strahler, Steven R. (2007-06-11). "A star broker fades as creditors, NASD move in". Financial Week. Archived from the original on 2009-10-25. 
  8. ^ "Opinion of the Commission: CMG Institutional Trading, LLC and Shawn D. Baldwin" (PDF). U.S. Securities and Exchange Commission. 2009-01-30. Archived from the original (PDF) on 2009-10-26. Retrieved 2009-10-25. 
  9. ^ a b "Speaker: Shawn Baldwin". Milken Institute. 2009-08-27. Archived from the original on 2009-10-24. Retrieved 2009-10-24. 
  10. ^ Brown, Carolyn M. (October 2006). "75 most powerful blacks on wall street.". Black Enterprise. Archived from the original on 2009-10-24. Retrieved 2009-10-23. 
  11. ^ "Shawn Baldwin". Fast Company. Archived from the original on 2009-10-24. Retrieved 2009-04-06. 
  12. ^ Staney, Nasil (2010-07-01). "Reality Check: Most Stock Markets Still Below '07 Highs". The Wall Street Journal. Yahoo! Finance. Archived from the original on 2011-05-30. Retrieved 2011-05-30. 

External links[edit]