Mr Robert E Garrow

KANDO id: 11618

Bio

Bob Garrow is a Managing Partner of CrossHarbor. He is an investment committee member and, together with the other managing partners, is responsible for the general management of the firm. Prior to joining the company, Mr. Garrow spent 10 years at Citizens Financial Group where he held various executive positions including that of President, Managing Director, and Founder of Citizens Capital, Inc., a $450 million private equity firm. Mr. Garrow also held the position of Executive Vice President and Senior Credit Officer of the Citizens Financial Group’s MidAtlantic operations. Additionally, Mr. Garrow was the executive in charge of conducting due diligence on loan and REO portfolios of bank’s targeted for acquisition. During his tenure, he oversaw the due diligence on 23 targeted banks, 19 of which were ultimately acquired. Most of the bank loan portfolios contained high concentrations of real estate loans, many of which were sub-performing or non-performing. Two of the banks acquired consisted of failed banks that were purchased from the Federal Deposit Insurance Corporation. Prior to Citizens Financial Group, Mr. Garrow was a senior executive within the real estate workout division of Bank of New England. Prior to Bank of New England, Mr. Garrow as a division manager in Recoll Management (a subsidiary of Fleet Financial Group), the largest special servicing company in the U.S. that managed $8 billion in Bank of New England distressed loans that were transferred to the Federal government. While at Recoll, Mr. Garrow co-founded Fleet Management & Recovery Corporation (FMRC). FMRC was a special loan servicer of distressed assets that were acquired by third parties (e.g., Lehman Brothers). FMRC managed/liquidated over $2 billion in distressed loans for third parties. Mr. Garrow holds a B.S. degree in Finance from Indiana University and an M.B.A. from Northeastern University.

Education