James “Jim” Fortescue serves as Managing Partner of Legacy One. Jim joined Legacy One as co-CEO in 2018. He has twenty-two years of experience building, operating and managing companies, investment portfolios and relationships in the financial services space.
Jim is also the Founder and Managing Partner of Piton Investment Management, a SEC Registered RIA providing customized fixed income asset management. Prior to founding Piton, Jim served as the Chief Operating Officer at Annaly Capital Management, Inc. (NYSE:NLY, “Annaly”). He began his career at Annaly in 1995 and served there until 2014 in various roles including Head of Liabilities, Chief of Staff, Managing Director, Executive Vice President and was a member of Annaly’s Executive, Operations, and Risk Committees. Jim was also a director of RCap Securities, a FINRA regulated broker-dealer, and Shannon Funding LLC, a warehouse lending company.
Jim has served on multiple industry panels including a Financial Stability Board panel in front of the G-20 at the Federal Reserve Bank of New York, a Markets Stability panel in front of the US Treasury Department and the Risk Management Association Securities Lending and Borrowing Legal & Regulatory Round Table. Jim serves as the Treasurer on the Board of Trustees of Don Bosco Prep High School and serves on the board of Halo Investing, Inc. Jim received his B.S. in Finance from Siena College and attended the New York Institute of Finance for intense mortgage- backed securities studies.