BUMP Network\u00a0is proud to announce that\u00a0Gregg Parise\u00a0has joined the company as its new President and CFO.\u00a0 In his dual roles, Parise will continue to build value in the company and manage its team and operations.<\/p>\n
Parise will report directly to\u00a0Mitch Thrower, the CEO and Chairman of BUMP Network. Thrower describes Parise as, “A financial expert whose keen sense of leadership and dedication to detail make him the ultimate player in today’s fast-paced business climate.\u00a0 He is perfectly suited for his role as President and CFO and we are fortunate to have him on board.”<\/p>\n
After an extensive executive search, Thrower selected Parise for this coveted position due to his tremendous success in the financial sector and stellar reputation within the financial community.<\/p>\n
Parise has 20 years of portfolio management and financial market experience.\u00a0 He has spent the last 12 years as the founder and portfolio manager of various Long\/Short equity Hedge Funds, including, LINC Asset Management, Calimar Capital and Dorado Capital Management.<\/p>\n
Parise began his career at the 1992 at Hambrecht & Quist in\u00a0San Francisco\u00a0at the age of 23 and was quickly recognized as one of the rising stars in the finance world.<\/p>\n
Parise was hired away from Hambrecht & Quist as the Senior Vice President and co-manager of the equity trading department at Raymond James in\u00a0St. Petersburg, FL.\u00a0 While there, he oversaw and managed hundreds of millions of dollars in capital investments.\u00a0 He was also added to the firm’s five-member stock selection committee, the nation’s most recognized.\u00a0 In 1999, Parise was poised to do what he had envisioned for years, launch his own hedge fund.\u00a0 He did so, while generating significant attention in the finance world, by building Dorado Capital Management from\u00a0$5M to $200M\u00a0in only two years.\u00a0 Parise then rolled Dorado Capital Management into JLF Asset Management, where he was a partner and co-manager of a\u00a0$400M\u00a0hedge fund portfolio.<\/p>\n
Parise muses that, “After investing for 20 years of my life as a passive outside investor, this may be my ultimate investment…the decision to go internal as an active entrepreneur.”\u00a0 He continues, “My investment career focused predominantly on public growth equities.\u00a0 Working with an entrepreneurial venture like BUMP Network is quite different.\u00a0 It is exciting in that each day presents endless variables.”<\/p>\n
Parise has been featured on the cover of Investor’s Business Daily, CBS MarketWatch, The Wall Street Journal, The Wall Street Transcript and Barron’s.\u00a0 He is a highly sought after presenter and has spoken at Tony Robbins financial conferences alongside T Boone Pickens,\u00a0Mark Faber, and\u00a0Kyle Bass. \u00a0Parise believes in giving back to the business and academic communities.\u00a0 He sits on the board of directors and currently serves as executive vice president of The PEERS Network as well as serving on the board of theUSC\u00a0Marshall School of Business Alumni Association where he earned his MBA.<\/p>\n
Parise is an avid pilot with multi-level licenses.\u00a0 He is also a sailboat captain where his competitive nature has earned him victories in the National Offshore One Design (NOOD), the Ahmenson Cup and numerous regional races sponsored by the San Diego Yacht Club where Parise is a member.\u00a0 He lives with his wife of 17 years, Jessica, in\u00a0Rancho Santa Fe, California\u00a0along with their children Isabella (13) and Nicholas (10).\u00a0 He coaches Nicholas in lacrosse and football while still finding time to golf, cycle and play guitar.<\/p>\n
BUMP Network is backed with over\u00a0$5M\u00a0of Private Equity and Venture Investment.\u00a0 Investors include\u00a0Eric Schmidt’s\u00a0TomorrowVentures, Anduin Ventures,\u00a0Chris Burch\u00a0via Burch Creative Capital, Moore Venture Partners, La Jolla Holding Co., DLA Piper Venture Fund, Wilson Sonsini Investment Co., Vandaele Capital,\u00a0Hany Girgis\u00a0and\u00a0Summer Girgis\u00a0and several super angel investors.<\/p>\n
About BUMP Network
\n<\/b>Recognized by NASDAQ OMX and Consensus Advisors as one of the most promising brands of 2013, BUMP Network provides a revolutionary SaaS based data, registration, transaction and membership management technology. The BUMP Network platform assists major brands, affinity groups and the public sector with membership, registration and CRM.<\/p>\n","protected":false},"excerpt":{"rendered":"
BUMP Network\u00a0is proud to announce that\u00a0Gregg Parise\u00a0has joined the company as its new President and CFO.\u00a0 In his dual roles, Parise will continue to build value in the company and manage its team and operations. Parise will report directly to\u00a0Mitch […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,4],"tags":[],"class_list":["post-37522","post","type-post","status-publish","format-standard","hentry","category-press-releases","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=37522"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37522\/revisions"}],"predecessor-version":[{"id":37523,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37522\/revisions\/37523"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=37522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=37522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=37522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}