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Scott Shay

Founding Chairman

Scott is Founding Chairman of the Elah Fund. Scott is a co-Founder and the Executive Chairman at Signature Bank (Nasdaq: SBNY, $15B market cap), which has the highest IRR of any Bank in the United States. With Scott’s leadership, the Bank has grown to $85 billion AUM through exclusively organic growth. Scott was also a Founding Director in Home Partners of America sold to the Blackstone Group for $6B in 2021. Scott has been Managing Director/Partner of Ranieri Strategies LLC and its predecessors (“Ranieri”) since 1988 and has been involved in the investment banking and venture capital industries since 1980. Prior to joining Ranieri Partners, he served as a director and senior member of the M&A department of Salomon Brothers, Inc. From 1997 to 2005, Scott served as a director of Bank Hapoalim BM, Israel’s leading bank; and from 1988 to 2001, Scott served as a director of Bank United Corp., Texas. He was a Founding Director of Super Derivatives, which was sold to ICE in what was then the largest foreign acquisition of an Israeli financial technology company.

Scott is a thought leader in the American Jewish community. He is the author of three books focused on issues imperative to the Community and is a frequent speaker and editorialist on the subjects. He has started a Hebrew school, an adult educational program, and chaired and served on numerous programs and boards.

Scott holds a BA from Northwestern University (Phi Beta Kappa) and an MBA (Distinction) from Kellogg Northwestern.