As a founder of FPCM, Richard F. Dolan has over 30 years of investment management, capital markets, derivatives, structured finance, corporate finance, and M&A experience.
Mr. Dolan is the Chief Executive Officer of FPCM, and is also a member of the Investment Committee of AIG’s pension and 401(k) plans.
Prior to establishing First Principles Capital Management, Mr. Dolan founded its predecessor firm, First Principles Finance (FPF). Preceding this, Mr. Dolan was a Managing Director at J. P. Morgan, where he established and led the Insurance & Pension Derivatives business. This business was consistently a market leader and provided structured high-quality fixed-income strategies including synthetic Guaranteed Investment Contracts (GICs), stable-value investments and structured fixed-income portfolios to various institutional 401(k), pension, insurance and bank clients.
Mr. Dolan was also a trustee of the J. P. Morgan pension and welfare plans and was responsible for the asset and liability management of the firm’s non-qualified employee benefit plans and their investments. In that capacity, he was responsible for risk management and asset allocation, the purchase and structuring of the firm’s corporate-owned life insurance policies and employee benefit liability design.
Prior to founding J. P. Morgan’s Insurance & Pension Derivatives business, Mr. Dolan was a Vice President in the Mergers & Acquisition group and taught in the firm’s executive training programs.
Mr. Dolan is a former trustee of Drew University.
Mr. Dolan received his Bachelor of Arts in Government from Franklin & Marshall College, and his M.B.A. from Fordham University in New York City.