[4] His father was born in Austria and fled the Nazis immigrating first to Israel and then the United States in 1951 after a stint in the British Army.
Pasternak and Raquet also took the company public in 1998 under the ticker symbol NITE, and its market capitalization exceeded $5 billion.
In April 2000, Pasternak presented testimony to the US Senate Banking Committee on Competition and Transparency in the Financial Marketplace of the Future.
[8] In May 2001, Pasternak presented testimony to the U.S. Senate Committee on Banking, Housing and Urban Affairs regarding the implementation and future of decentralized markets.
[9][10] In 2001, Pasternak was ranked 9th on Forbes' financial services executive pay list, and number 51 overall,[11] with a total compensation package of $26,488,000; this included a base salary of $250,000 and a cash bonus of $26,213,000.
[14] As described in Edgar Perez’s book, Knightmare on Wall Street: The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets, Pasternak claimed he didn’t expect to be CEO of a big company.
KABR Group is dedicated to the purchase of select real-estate assets in the Metro NYC and Greater Jacksonville areas.
The combined Fair Market Value (FMV) of KABR Funds II – VI and other GP managed assets is approximately over $1 billion as of April 2024.
On June 1, 2009, KABR closed a deal to purchase 85 Challenger Road – a 235,000 sq ft (21,800 m2) office building in Ridgefield Park, NJ.
[20][21][22] On March 5, 2010, Financial Industry Regulatory Authority (FINRA) council reversed a ruling that found two former Knight Securities LP senior executives were responsible for supervisory failures in connection with allegedly fraudulent sales to institutional customers.