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Joe is a twenty year resident of Basking Ridge along with his wife of 25 years, Debra, and their three children.

“As a leader, one must never forget that being granted the public’s trust is a privilege, and that the process of governance must be inclusive and transparent,” states Esposito.  “As a political outsider I will insure that my party expands our membership and is open to change, insuring that my party thrives in its leadership role. The level of involvement from private citizens with the recent Stop the Quarry Plan are clear signs that change is needed. I want to be that change.”

Deeply committed to improving the quality of life for communities and families, Joe is a 2017 graduate of Leadership Somerset, a year-long leadership program with the goal of producing leaders who are dedicated to their communities and familiar with Somerset County leaders and resources. To that end, he was named Director of EMPOWER SOMERSET, a non-profit agency whose mission is to assist individuals and families in sound lifestyle choices and fostering healthy, drug-free communities. Joe is also a member of the Somerset Hills YMCA Special Needs Parents Committee where he serves to support and advocate on behalf of family members and guardians of adults with special needs.  

“My wife Debra and I were drawn to Bernards Township’s small town rural character and I want it to remain that way for future generations. Fair Share housing and its hand in overdevelopment is a very real threat to our town. Some have expressed the views that we just must accept it, but there are grass root movements forming in our state that can bring an end to the madness if we join in now. I have the energy and mind set to engage and pursue those efforts,” says Esposito.

“I believe that my legal and operation background and project management experiences are unique and will serve the community well. We have some significant challenges we’re facing,” states Esposito. “Specifically, upgrades to our infrastructure, as identified at a recent Township Committee meeting. Of course we must maintain our fiscal conservatism, and my negotiation experience and business building background will manage the process in the most efficient manner possible.”

Joe earned a J.D. from the New York University School of Law and holds a BS cum laude, in Computer Science from St. John’s University, New York.

He has over 25 years of experience in the alternative investment industry. Since February of 2016 he has been a Partner in ManagementPlus Group (MPG), an international governance and ancillary management services firm, which is based in Luxembourg, and has representative offices in the Cayman Islands, Singapore and the United States. The firm provides directorships, investment management and consulting services to the alternative investment industry.

Prior to MPG, he was senior Managing Director, Co-Chief Operating Officer and Chief Legal Officer of Blenheim Capital Management, L.L.C., as well as a senior executive and director of several of its affiliates. Blenheim was a New Jersey based commodity focused hedge fund manager. Esposito spearheaded efforts to upgrade the firm’s infrastructure and operations, as well as leading its expansion from a U.S. firm managing less than $500 million to a global organization with assets under management of $9.1 billion in 2011.

Joe joined Blenheim in May of 2005 after a thirteen-year career with Goldman Sachs Hedge Fund Strategies LLC (formerly Commodities Corporation), serving as its General Counsel at the time of his departure. As General Counsel, he led the legal and compliance team responsible for supporting the firm’s propriety trading activities, hedge fund of funds business and foreign exchange trading desk.

“Through my involvement with the stop the quarry efforts, I had the opportunity to meet and work with our freeholders and other county personnel – as well as Township Committee members in neighboring communities,” says Esposito. “I believe that as a fresh face on the Township Committee, I can strengthen and build upon those relationships, and again, find ways to cut costs and preserve our town through greater cooperation. I am excited for the challenge and look forward to serving the citizens of Bernards Township.”

 

 


Paid for by Esposito & Surano for Bernards Township Committee, Kathleen I. Piedici, Treasurer, P.O. Pox 195, Basking Ridge, N.J. 07920
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