Originate Report – November 2020

Page 12

SPECIAL FEATURE

John Ingoglia President of Socotra Capital

Remembering ‘Hard Money John’ and Persevering through COVID-19 By Charles Peckman, Contributing Writer

T

his year has been a whirlwind

Report to discuss John’s legacy and

are now our own individual way of

for many – between a global

the

honoring John’s legacy at Socotra

pandemic

throughout the health crisis.

and

an

often-

importance

of

perseverance

teetering economy, 2020 has put

Capital,” he said. “I feel like he developed an amazing team along

even the most hardened private

John founded Socotra Capital in

with his partner Adham, and there

lending professionals to the test. The

2008 with his partner Adham Sbeih

were so many amazing life lessons

team at Socotra Capital, a premier

and grew the firm into the leading

he imprinted upon us.”

private lender based in California,

provider it is today. John’s cousin

certainly knows this.

and Socotra Chief Strategy Officer,

This sentiment is echoed by Senior

Tony Ingoglia, said that the company

Vice

While navigating the coronavirus

‘wouldn’t be in the space if it wasn’t

who added that John’s presence and

pandemic, the firm also had to deal

for John’.

mentorship were ‘formative’ for him.

Socotra’s

“He instilled life lessons in each of

“John was big on systems and

Originate

us that are still with us today and

structure and knew how to get the

President

Chris

Baumann,

with the sudden passing of its founding partner, team

12

sat

John

Ingoglia.

down

with


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