Mr. Penson is the President and Founder of Argent. He has been involved in all phases of the firm’s development since its founding. Prior to Argent, Mr. Penson led the real estate investment division of Amroc Investments Inc., a leading investment firm and the predecessor to Avenue Capital, a multi-billion dollar hedge fund. Previously, Mr. Penson practiced law with Jones Day. He is a member of New York Law School’s Board of Trustees. Mr. Penson earned a B.A. from the State University of New York at Stony Brook and a J.D. from New York Law School.