Paulo Almeida joined Tufton in 2009, is the Chief Investment Officer for Tufton’s private equity activities and has been responsible for many of the investments made by Tufton. He was among the winners of the Marine Money 2013 M&A deal of the year for the transactions that created Hafnia Tankers. Before joining Tufton, Paulo worked for nine years in investment banking and fund management at UBS and Macquarie. Shipping transactions he led at UBS received three IPO of the year awards from Marine Money and Jane’s Transport Finance for 2005. Before business school, he spent four years in the shipping industry with the Skaarup Group. He worked for the group’s founder, the late Ole Skaarup, who conceived the first dedicated dry Bulker the “Cassiopeia” which was delivered in 1954. Paulo holds a BSc in Naval Architecture and Marine Engineering from Webb Institute, an MSc in Finance from London Business School and an MBA with Honours from the University of Chicago Booth School of Business. While at Webb in 1991-1995, he had work experience as an apprentice ship fitter at Electric Boat, as an engine and deck cadet with Exxon Shipping and in structural engineering at both Electric Boat and the Skaarup Group. In May 2021, Paulo joined the Board of Trustees of his alma mater Webb Institute.