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