067 | John Pennington | Co-Founder of $28B Family of Private Equity Funds

In 2008 – John S. Pennington Jr. co-founded a family of private equity funds that by the time of his retirement – grew to well over $28 billion of Assets Under Management (AUM). During his tenure and before obtaining partner emeritus status, he served on the board of directors, held signing authority on over 1,200 bank accounts as the deputy chief financial officer (DCFO), was president of over 100 corporations, was the Anti-Money Laundering Officer (AMLO) for all companywide feeder funds located in the Cayman Islands and oversaw all U.S. Securities and Exchange Commission regulatory requirements as chief compliance officer (CCO). In 2021 – he retired with the company listed on the NYSE. In 2004 and 2007 – John co-founded Bridge Loan Capital Fund I and II. In 1988 – John earned a degree from the University of Utah in economics. He and his wife, Jane, have three sons, two daughters-in-law with five grandchildren and have been married for over thirty-eight years.