Sturges Karban joined MJIC in 2014 as Chief Investment Officer and a member of MJIC's Board of Directors (â€œBoardâ€). In 2017, Mr. Karban was appointed as MJIC's Chief Executive Officer.
Mr. Karban has over 17 years of experience in such industries as banking, metals and mining, energy, real estate, technology, and media and entertainment. After graduating from Harvard University in 2000, Mr. Karban began his career in investment banking in the Private Capital Group of Robertson Stephens. In 2002, Mr. Karban joined Jefferies & Company, helping to establish an investment banking practice focused on the financial services industry in the firm's Boston office. In 2004, Mr. Karban co-founded KarEd, a residential real estate development company that purchased, rehabilitated, and managed 15 multi-tenant residential buildings Hartford, Connecticut over two years. KarEd sold its portfolio of assets to a regional development company in late 2006.
In 2006, Mr. Karban assumed the role of Chief Operating Officer and Director for Cutting Edge Music Services, a leading provider of music services and financing solutions to the independent film and television marketplace. In this capacity, Mr. Karban has been involved in providing musical elements, services, and financing to over 100 feature films and television programs. He was also instrumental in structuring a portfolio of businesses that invest in the music publishing and master recording rights of the music created for feature films and television programs. Presently, this group of entities presently manages more than US$100 million in intellectual property assets; through 2011, Mr. Karban acted as the Chair of the Commitment Committees of these vehicles.
In 2011, Mr. Karban co-founded Meridian Advisors, a boutique consultancy based in Los Angeles, New York, and London, which advises companies in a variety of industries across a host of strategic and financial matters. During this time, Mr. Karban also acted as Executive Vice President of Finance for Caldera Holdings, a holding company formed to acquire distressed gold mining operations in the U.S.