Mr. Prehn entered the asset-backed securitization market in 1989 when he and his business partner began purchasing auto lease receivable assets from the
Resolution Trust Corporation (
RTC) and other motivated sellers.These assets were then securitized in the first auto lease securitization transaction ever completed in the United
States, with the resultant investment grade bonds sold to institutional investors.Over the past three decades, Mr. Prehn and his business partners
have founded a number of receivable securitization and other specialty finance companies, and in the process were the first to securitize auto
leases, private jet loans, franchise loans, micro-ticket leases and commercial real estate bridge loans. Mr. Prehn was a co-founder of the following
companies: A10 Capital, Cold Chain, G2 Energy, Peteco, Commercial Lending Corporation, Default Recovery Corporation and Aviation Finance Group.Mr.
Prehn is currently serves as a board member for the following organizations: J.A. and Kathryn Albertson’s Foundation, Bluum, Agri Beef and VisitPay.
Mr. Prehn is an investor in commercial real estate and hospitality assets
Silicon Valley Comes to Cambridge:
Mr. Prehn was honored to serve as a speaker and panelist for this program in which entrepreneurs and leading Silicon Valley investors met with ambitious
students and UK based business leaders to discuss world changing technologies and business practices.
Mr. Prehn attended the University of California at Berkeley (BS Business Administration), graduating in 1983.