Two Harbors Investment Corp.

Two Harbors Investment Corp.

Two Harbors Investment Corp.

Overview
Date Founded

2009

Headquarters

590 Madison Avenue,36th floor,New York, NY 10022

Type of Company

Public

Employees (Worldwide)

51 - 100

Industries

Trusts & Funds
Accounting & Financial Services
Real Estate Investment Trusts

Company Description

Two Harbors Investment Corp. is a Maryland corporation focused on investing, financing and managing residential mortgage-backed securities (RMBS) and related investments. Our objective is to provide attractive risk-adjusted returns to our stockholders over the long-term, primarily through dividends and secondarily through capital appreciation. We intend to achieve this by constructing a well-balanced portfolio consisting primarily of RMBS, with a focus on managing various associated risks, including interest rate, prepayment, mortgage spread, financing, and credit risk. We focus on security selection and implement a relative value investment approach across various sectors within the residential mortgage market. Our target assets include: Agency RMBS, meaning RMBS whose principal and interest payments are guaranteed by the Government National Mortgage Association (or Ginnie Mae), the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac); Non-Agency RMBS, meaning RMBS that are not issued or guaranteed by Ginnie Mae, Fannie Mae or Freddie Mac; and Financial assets other than RMBS, comprising 5% to 10% of our portfolio. We have elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes, which requires that we distribute at least 90% of our REIT income to our stockholders on an annual basis

Contact Data
Trying to get in touch with decision makers at Two Harbors Investment Corp.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chief Executive Officer & President

Chief Financial Officer

Chief Investment Officer

General Counsel & Secretary

Managing Director, Chief Risk Officer

Managing Director

Managing Director

Managing Director

Managing Director

Managing Director

Board of Directors

President at Ocean Manchester Corp.

Former Senator from Michigan

Of Counsel at Hall, Estill, Hardwick, Gable, Golden & Nelson PC

President at Sanders Investments LLC

Governor at Rhode Island School of Design Museum

Founder at The Cypress Group LLC

Chief Executive Officer & President at Two Harbors Investment Corp.

Paths to Two Harbors Investment Corp.
Potential Connections via
Relationship Science
You
Two Harbors Investment Corp.
Owners & Shareholders
Details Hidden

West Family Investments, Inc. is an independent hedge fund manager headquartered in Evanston, Illinois. They provide asset management services to high net-worth and financially sophisticated individual investors.

Details Hidden

Disciplined Investments LLC, part of HoganTaylor LLP, is an American company located in Tulsa, OK, that provides investment advice. It was founded in 2001.

Details Hidden

Inspire Advisors integrates Biblically Responsible Investing (BRI) standards in all of the advice it provides. The firm uses their proprietary Inspire Impact Score™ methodology to seek out investments in companies that are aligned with biblical values and avoid investments in companies which profit from or support practices at odds with biblical values. They primarily offer advice on equity securities, mutual fund shares, money market funds and ETFs. Inspire Advisors offers a diverse range of investment strategies, all of which utilize the proprietary Inspire Impact Score™ to adhere to biblically responsible investing criterion. Investment strategies that they offer include, but are not limited to: index based, strategic allocation, tactical allocation, and long-term.

Recent Transactions
Details Hidden

Two Harbors Investment Corp. issued USD Common Stock

Details Hidden

Two Harbors Investment Corp. purchases CYS Investments, Inc.

Details Hidden

Two Harbors Investment Corp. issued USD Common Stock

Insider Transactions
Details Hidden
Transaction Advisors
Underwriter

Advised onTwo Harbors Investment Corp. issued USD Common Stock

Investment Advisor

Advised onTwo Harbors Investment Corp. purchases CYS Investments, Inc.

Underwriter

Advised onTwo Harbors Investment Corp. issued USD Common Stock

Legal Advisor

Advised onTwo Harbors Investment Corp. issued USD Common Stock

Underwriter

Advised onTwo Harbors Investment Corp. issued USD Common Stock

Professional

Advised onTwo Harbors Investment Corp. issued USD Common Stock

Key Stats and Financials As of 2020
Market Capitalization
$2.02B
Total Enterprise Value
$17.4B
Earnings Per Share
$-6.24
Net Profit
$-1.63B
Revenue
$-863M
Enterprise Value / Sales
-20.22x
TEVNet Income
-10.7x
Debt TEV
0.92x
EBITDA
$-1.91B
Total Equity
$3.09B
Total Debt
$16.1B
Non-Profit Donations & Grants
Investors
Details Hidden

Co-Founder at Axiomatic LLC

Suppliers
Pine River Capital Management LP Hedge Funds | Minnetonka, MN

Pine River Capital Management L.P. was founded in early 2002 by Brian Taylor. Prior to Pine River’s inception, Brian began his employment at EBF & Associates in 1988 as a trader, becoming head of the convertible arbitrage group in 1994, and was named a Partner in 1997 prior to his departure in 2002. He founded Pine River to pursue opportunities in global relative value trading and three former colleagues; Jeff Stolt (CFO), Aaron Yeary (Co-Portfolio Manager of the Pine River Fund) and Nikhil Mankodi (Co-Head of Asian Trading) joined him shortly after the launch. Tom Siering, another former colleague, joined the firm in 2006 as Head of Fundamental Strategies. Franklin Parlamis joined Pine River in 2007 as the Head of US Convertibles Trading and Steve Kuhn joined in 2008 as the Head of Fixed Income Trading. As the firm grew, teams were built around each of the strategy heads along with significant investments in infrastructure. Beginning in 2002, the firm was located in Pine River, Minnesota, and moved to Minneapolis, Minnesota, in 2003. In 2007, Pine River outgrew its headquarters and relocated to Minnetonka, Minnesota, just a few miles west of downtown Minneapolis. Pine River opened research and trading offices in London in 2004, Hong Kong in 2007, San Francisco and New York in 2008, and Austin in early 2013. In the summer of 2010, Pine River opened a research office in Beijing and in 2012 the firm opened a research office in Shenzen. The Minnetonka office remains our headquarters and houses all of the control functions including: risk, accounting, settlements, treasury, client service, compliance, human resources and our internal counsel. Over the course of the firm's history, it has become registered with several agencies. Pine River Capital Management L.P. became registered as a Commodity Pool Operator and a Commodity Trading Advisor with the US National Futures Association in May 2002. Pine River Capital Management (UK) Limited became authorized by the Financial Services Authority to manage investments in the UK in January 2004. Pine River Capital Management L.P. became registered as an investment advisor with the US Securities and Exchange Commission in January 2006. Pine River Capital Management (HK) Limited became licensed by the Securities and Futures Commission to manage assets in Hong Kong in March 2007. Pine River Capital Management L.P. became registered as a Foreign Institutional Investor in India in February 2008.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Two Harbors Investment Corp.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Two Harbors Investment Corp.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Two Harbors Investment Corp..