Paul Schaffer
Senior Partner, CFO/CCO
Paul Schaffer has over 35 years of finance and operations experience and more than 30 years’ experience in the financial services industry, primarily in private equity, commercial lending and leasing of core capital assets. He has worked directly with Mr. Toll for nearly thirty years, both at Citigroup and Alterna Capital Partners LLC.
For the past 14 years he has been the CFO of Alterna Capital Partners LLC, a registered investment advisor for four private equity funds, with investor commitments in excess of $1.2B. He has responsibility for all aspects of financial control, including accounting, tax, investor and regulatory reporting, as well as operations, cash management, and distributions. He is directly engaged in the analysis and structuring of transactions, conducts due diligence, and frequently interfaces with legal, accounting, banking, and tax professionals as potential investments are evaluated, negotiated and closed. He oversees and approves all audits, tax returns, and investment reporting. He also serves as the Firm’s human resource manager, and since 2018 has been the Firm’s CCO.
Prior to joining Alterna Capital Partners, he spent 19 years at Citigroup, primarily as the CFO/Controller for Citi’s Core Capital Assets business, which specialized in originating large-ticket equipment acquisitions and capital-intensive operating businesses.
Prior to joining Citigroup, he worked at the accounting firm of Arthur Young, where he was a senior auditor.
Paul is a C.P.A. and C.M.A. and he holds a Bachelor of Science in accounting from the State University of New York-Albany, and an M.B.A from Fordham University, where he was awarded the Dean’s Award for Academic Excellence. He resides in Amherst NH.
