IRVINE, Calif.–(BUSINESS WIRE)–Distressed Capital Management (“DCM”), a Southern California based captive asset manager, announced last month Rod Colombi as its Managing Director.
Mr. Colombi has joined the DCM team from Capital Solutions Financial Group (“CSFG”), where he served as Chief Executive Officer. He brings more than 20 years of high level experience in corporate finance and capital markets in the mortgage industry. Prior to CSFG, he served as Executive Vice President of Option One Mortgage, Executive Vice President of New Century Financial, Senior Vice President of Countrywide Financial, and Vice President of Finance at Bank of America.
In his role at DCM, Mr. Colombi will bring his extensive knowledge in mortgage and finance to strengthen DCM’s operations and support the entire asset management team and its trading and portfolio management activities. “Rod brings the experience as well as a unique big picture perspective that will strengthen DCM, and bring us to the next level in asset management,” says Chief Investment Officer Matthew Browndorf. “Rod’s unique approach to finance, debt, and the mortgage industry is homologous to the kind of innovative thinking that sets DCM apart from the rest and is the reason we believe he is a perfect fit.”
Colombi is working in DCM’s headquarters in Irvine, CA.