Sturges Karban brings to MJIC more than 18 years of experience across capital markets, investment banking, asset management, and high-growth operations.
He joined the Company in 2014 as Chief Investment Officer, and in 2017, was appointed Chief Executive Officer. In that time, he’s become the public face of MJIC, having been featured in the Wall St Journal, Bloomberg, CNN, Boston Globe, the Los Angeles Business Journal and numerous other US and international media outlets.
After graduating from Harvard University in 2000, Mr. Karban began his career in investment banking in the Private Capital Group of Robertson Stephens and in 2002, joined Jefferies & Company, helping to establish an investment banking practice focused on the financial services industry in the firm’s Boston office.
In 2004, he co-founded KarEd, a residential real estate development company that purchased, rehabilitated, and managed 15 multi-tenant residential buildings Hartford, Connecticut over two years.
KarEd sold its portfolio in 2006, and that same year, Mr. Karban assumed the role of Chief Operating Officer and Director for Cutting Edge Music Services, a leading provider of music services and financing solutions to the independent film and television marketplace. He was also instrumental in structuring a portfolio of businesses that invest in the music publishing and master recording rights for tracks used in feature films and television programs. This group of entities presently manages more than US$100 million in intellectual property assets.
In 2011, Mr. Karban co-founded Meridian Advisors, a boutique consultancy based in Los Angeles, New York, and London, which advises companies in a variety of industries across a host of strategic and financial matters. During this time, Mr. Karban also acted as Executive Vice President of Finance for Caldera Holdings, a holding company formed to acquire distressed gold mining operations in the U.S.