Andrew N. Schwartzberg

Andrew N. Schwartzberg is the Managing Principal of Pennant Housing Group LLC. The company specializes in the preservation, development and acquisition of affordable housing properties throughout the country. Mr. Schwartzberg is also a principal in The Affordable Housing Management Group, LLC, and Subsidized Rental Housing Investments, LLC. Collectively, these companies hold an interest in over 20,000 low and moderate income rental housing units nationwide. Mr. Schwartzberg is also a principal and managing member of Housing Inc., a real estate acquisition, management and advisory firm.

Previously, Mr. Schwartzberg was a principal at Capital Management Strategies Financial Services, Inc. (“CMSFS”). CMSFS (now known as “Convergent Wealth Advisors”) is a registered investment advisor that manages over $10 billion for high net-worth individuals and various pension funds, trusts and estates. Mr. Schwartzberg sold his interest in a management-led buyout.

Prior to joining CMSFS, Mr. Schwartzberg worked for SAC Capital Management, Inc. (Point 72) a leading New York hedge fund. At SAC his duties included developing proprietary pricing models and heading his groups trading efforts. While Mr. Schwartzberg was at SAC, he helped launch a second fund, JL Advisors that was focused on event driven trading strategies and the purchase of high-yielding fixed-income securities.

Previously, Mr. Schwartzberg worked at Schroder Wertheim Inc., an international investment bank with over $50 billion in assets, as an equity and fixed-income analyst. Mr. Schwartzberg’s primary focus was on mortgage-backed securities and high-yield debt financing.

Mr. Schwartzberg graduated from the University of Pennsylvania with a Bachelor of Arts in Economics. He serves as senior advisor to The National Foundation for Affordable Housing Solutions and is a founding board member of the Community Services Foundation. Mr. Schwartzberg is a member of MARAB (Mid-Atlantic Regional Advisory Board) for the University of Pennsylvania and both the DC chapter and Los Angeles Wilshire chapter of Young Presidents Organization. Mr. Schwartzberg was formerly a trustee at The Holton Arms School located in Bethesda, Maryland and is currently a trustee at the Windward School in Los Angeles, California. Mr. Schwartzberg is also on the board and an executive committee of the Joyful Heart Foundation. Mr. Schwartzberg recent moved from Bethesda, Maryland to Pacific Palisades, CA with his wife Jaime and their three daughters, Sophie, Ava and Kate.