Nob is credited with restructuringUSA Ultimate and the World Flying Disc Federation into professionally run organizations capable of serving as the sports governing bodies for Ultimate in the US and flying disc sports globally, respectively, while serving as head of each in the late 1980s and early 1990s and starting again in the mid-2000s. In the first comprehensive history book on the sport of Ultimate, "Ultimate: The First Four Decades" published in 2005, co-author Tony Leonardo states that Nob found "...ways to increase the sport's profile and hold the UPA accountable for Ultimate's future growth and direction. Nob streamlined the players association and provided the blueprint for a successful UPA...". The Ultimate Hall of Fame web site notes that he "spearheaded the reorganization of the Ultimate Players Association into a professionally managed sports governing body" and that during "this period of exceptional leadership of the administration of the sport, he also won six UPA Club Championships and five World Championships". In May 2013, under Nob's leadership as President, WFDF was granted provisional recognition by the International Olympic Committee and it was granted permanent recognition in August 2015. It is now one of 42 sports that are members of the Association of IOC Recognised International Sports Federations. Notable flying disc administrative positions: In the 1980s and early 1990s, Rauch won six US National Championships and five World Championships in the sport of Ultimate, with teams including the Rude Boys, Windy City, and New York. Rauch was inducted into the in 2006, one of only 82 members as of December 2018.
Financial career
Robert L. "Nob" Rauch is a Partner and Portfolio Manager at Gramercy Funds Management LLC. Gramercy is an investment management firm with US$ 5.5 billion of funds under management specializing in global emerging markets. Rauch oversees investment activities and the corporate investment and restructuring group of Gramercy, and is a portfolio manager for Gramercy's distressed, high yield, and corporate funds. He has been or is currently involved as a leading creditor or advisor in the restructuring of numerous companies in Asia, Eastern Europe, and Latin America including Accel, Alestra, Asia Pulp and Paper, Berlian Laju Tanker, BTA Bank, Consolidated Minerals, Digicel, Dina, Durango, Essar Steel, Far East Shipping Company, Industrias Unidas, Iusacell, Mechala, Medefin, New World Resources, Odebrecht, Pacific Exploration & Production, San Luis, Satmex, SIDEK, Synkro, Tonon Bioenergia, Transtel, and Tristan Oil. He served on the board of , the largest Mexican fixed satellite services provider, in 2006–2008. He is also on the board of , a Colombian consumer finance company. Prior to joining Gramercy in January 2001, Rauch worked as a consultant to hedge funds managed by Van Eck Global and Farallon Capital Management, specializing in the analysis of emerging markets special situations. From 1994–1999, he was President of The Weston Group, where he was responsible for overseeing the firm's securities research and corporate debt restructuring advisory business in Latin America. In the early 1990s, Rauch worked as a Vice President with Lehman Brothers and CSFB in their Emerging Market Debt trading groups. In the second half of the 1980s, he was a Vice President and trader with First Interstate Bank's syndicated loan group, where he was responsible for structuring and syndicating loan facilities to highly leveraged American and Asian corporations. In 1980, he began his career with Swiss Bank Corporation in several credit and corporate finance roles.
