Capital Market Risk Advisors (CMRA) Employee Directory
Financial ServicesFlorida, United States11-50 Employees
CMRA is a boutique financial services firm that offers expert witness services and risk advisory aimed at complex derivatives and related markets. It is based in Naples, Florida, and was founded by Leslie Rahl, a noted derivatives pioneer with roles in ISDA and Fannie Mae, together with Peter Niculescu, who has led Fannie Mae's large portfolio and held a Goldman Sachs Managing Director position. The firm has been involved in many major derivatives and structured finance crises since the mid-1980s, and its practitioners have provided expert and consulting services in more than 100 disputes, with testimony in courts across four jurisdictions. CMRA’s practice covers a broad range of topics—including derivatives, structured finance, RMBS, CDOs/CLOs, hedge fund strategies, volatility products, commodities, energy, and complex valuations—and deliberately balances litigation support with proactive risk advisory, leveraging insights from one area to inform the other.