Chimera Investment Corporation

#5902

Rank

$1.05B

Marketcap

United States

Country

Leadership team

Mr. Phillip John Kardis II, Esq. (CEO & Director)

Mr. Choudhary A. Yarlagadda (Pres, COO, Co-Chief Investment Officer & Director)

Mr. Subramaniam Viswanathan (Chief Financial Officer)

Products/ Services

Financial Services

Headquarters

Abu Dhabi, Abu Dhabi, United Arab Emirates

Established

2017

Company Registration

SEC CIK number: 0001409493

Traded as

CIM

URL

https://www.chimerareit.com

Overview

Location

Recognition and Award

References

Summary

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of residential, commercial mortgage loans, and other real estate related securities. It has elected to be taxed as a REIT. In addition, the company invests in investment, non-investment grade, and non-rated classes. The company was incorporated in 2007 and is based in New York, New York.

History

Chimera Investment Corporation was founded in July 2007 when Federated Investors, Inc. and affiliates of Cyrus Capital Partners, LP, forged a joint venture to create a diversified diversified real estate and mortgage-backed securities finance company focused on residential real estate investments. The company is listed on the New York Stock Exchange under the ticker symbol CIM, and is headquartered in New York, NY. In 2017, Chimera was added to the S&P 500 index.

Mission

Chimera Investment Corporation’s mission is to deliver sustainable returns to investors by investing in a diversified portfolio of residential real estate and mortgage-backed securities.

Vision

Chimera Investment Corporation strives to be the premier provider of investment solutions for investors seeking diversified exposure to residential real estate and mortgage-backed securities.

Key Team

Mr. Dan Thakkar (Co-Chief Investment Officer)

Mr. Kelley Kortman (Chief Accounting Officer)

Ms. Emily Mohr (Investor Relations Officer)

Victor Falvo (Head of Capital Markets)

Recognition and Awards

Chimera Investment Corporation has been recognized as a top performing real estate and mortgage-backed securities finance company in 2020 by Fortune Magazine and Morningstar. The company has also been awarded the New York State award for 'Innovator of the Year' in 2018.