Prescott D. Lane

Prescott came to Windsor in 2004 from a shipping-finance house, where collateral either floated or it did not. He has priced credit against bond portfolios, timber, a Whistler, and one particularly stubborn vineyard, and holds that a loan is a conversation about character with arithmetic attached. His book has taken losses in two years out of twenty-one; he can name both borrowers and still takes their calls. He writes his term sheets on a single page and considers the second page a warning sign.