Finance and Feeding Need
Jason T. Serrano has served as president of New York Mortgage Trust, Inc. (NYMT) since January 2019, and as chief executive officer since Jan. 1, 2022. He has been a member of NYMT's Board of Directors since March 2019.
Prior to joining NYMT, Serrano was a partner at Oak Hill Advisors, L.P. (OHA), an alternative investment management firm, from January 2014 to December 2018, and a managing director from April 2008 to December 2013. While at OHA, Serrano ran the mortgage investment business. Serrano previously served as a principal at The Blackstone Group, where he led the structured finance investment team. He earned a bachelor of science degree from SUNY Oswego in 1997.
When Hurricane Sandy hit New York City in fall 2012, he saw an opportunity to help others in the way that he had been helped. He and his wife Aleta helped fund a new start-up feeding program in New York City named Feed New York, which provided local agencies such as churches and homeless shelters adequate food supplies. For seven years, the couple purchased and distributed approximately $1.8 million of food.
In 2020, the Serranos partnered with the Midwest Food Bank, the second-largest independent food bank in the United States, to significantly grow the feeding program with funding and opened a new division in Harrisburg. In the first full year of operation, the Midwest Food Bank of Pennsylvania recovered over $8 million of food from farms and food producers and distributed it to neighboring feeding programs. In 2022, the food bank is expected to double its giving.