Prior to joining Tilman & Company as a Senior Advisor focusing on Government Relations, seek Jason Tepperman served in the U.S. Department of the Treasury from 2009 to 2014, order beginning in 2010 he was the initial Director of the Treasury’s Small Business Lending Fund. In this capacity, he led the formation of the fund and $4 billion in direct equity and credit investments in U.S.-based banks and nonbank lenders. He also served as the Chairman of the Investment Committee and the Operational Leadership Committee. As of December 2013, the Small Business Lending Fund supported over $12 billion in small business lending, representing more than 56,000 additional loans. Investments made through the fund are expected to generate a positive financial return for the taxpayer and realize a gain of $1.3 billion over budget. To date, the fund’s investment portfolio has maintained a zero default rate and 0.1% delinquency rate.
Previously, Mr. Tepperman served as a senior member of the Treasury team responsible for investments made through the Troubled Asset Relief Program (TARP), leading activities in capital markets, bank capital investments, and housing finance. Transactions included the $32 billion disposition of Treasury’s marketable holdings in Citigroup, the structuring and pricing of $5 billion in equity derivative sales, and the $8 billion bank financing supporting the Federal Housing Administration’s negative equity refinance program.
Prior to entering government, Mr. Tepperman was a Member of the General Partner of Baker Capital, a New York-based private equity firm with $1.5 billion under management.
Mr. Tepperman holds an MBA with Distinction from Harvard Business School and a BS with Honors in Computer Science and Ethics, Politics, & Economics from Yale University. He is a Term Member of the Council on Foreign Relations.