Tag Archives: Capital

BB&T Capital Markets|Windsor Group Adds Leake to Aerospace, Defense & Government Solutions Investment Banking Group

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Reston, VA. (PRWEB) June 26, 2013

BB&ampT Capital Markets|Windsor Group announced nowadays that F. Carter Leake joined the senior team for Aerospace, Defense &amp Government Solutions Investment Banking. Leake had previously covered the aerospace sector as senior research analyst with BB&ampT Capital Markets.

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“We are excited to have Carter join our team, mentioned John Hagan, managing director for Aerospace, Defense and Government Services. Carter brings an outstanding combination of operational and economic knowledge in commercial aerospace to our expanding practice. This is a wonderful compliment to our outstanding reputation as a leading investment bank in the Aerospace, Defense &amp Government Solutions Business.”

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Leakes aerospace commentary is often cited by the media outlets such as the Wall Street Journal, Chicago Tribune, Seattle Instances, Charleston Post &amp Courier, Reuters, and Bloomberg News. He is also a frequent guest on CNBC, CNN and Fox Organization Channel.

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Prior to joining BB&ampT Capital Markets, Leake was an equity analyst at Davenport &amp Co. LLC, exactly where he was awarded Institutional Investor magazines Very best Up &amp Comer award for Aerospace &amp Defense in 2010. Prior to his Wall Street career, Leake worked for 15 years in the aerospace and airline sector at ICF SH&ampE Consulting, Bombardier Aerospace, and, most lately, at Mesa Air Group. Leake, who also served seven years in the U.S. Air Force as a pilot and holds a commercial instrument pilot rating, earned his bachelors degree in economics from the University of Virginia and a masters in aeronautical science from Embry-Riddle Aeronautical University.

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About BB&ampT Capital Markets &#13

BB&ampT Capital Markets supplies a complete-spectrum of capital and advisory solutions such as study, sales and trading, equity and debt underwriting, M&ampA advisory and corporate banking. More data about BB&ampT Capital Markets is obtainable at http://www.bbtcapitalmarkets.com.

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About BB&ampT&#13

BB&ampT (NYSE: BBT) is one particular of the largest financial services holding businesses in the U.S. with $ 181 billion in assets and market place capitalization of $ 22. billion, as of March 31, 2013. Primarily based in Winston-Salem, N.C., the firm operates 1,842 financial centers in 12 states and Washington, D.C., and gives a full range of consumer and industrial banking, securities brokerage, asset management, mortgage and insurance items and solutions. A Fortune 500 organization, BB&ampT is consistently recognized for outstanding client satisfaction by J.D. Energy and Associates, the U.S. Modest Business Administration, Greenwich Associates and other individuals. Far more info about BB&ampT and its complete line of goods and solutions is obtainable at http://www.BBT.com.

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Vendor Proper or Vendor Incorrect: Paycom Releases Infographic on Deciding on the Very best Human Capital Management Technologies for Your Company

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OKLAHOMA CITY (PRWEB) June 28, 2013

Sixty-one particular % of HR specialists strategy to replace their Human Capital Management technology inside the next 18 months according to a current Bersin by Deloitte study. Paycom, a provider of Human Capital Management technology, provides purchasers seven tips on selecting the correct technologies for their business in a new infographic released today.

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Human Capital Management is a reasonably new term associated to the set of practices connected with employee resource management. It includes core administrative functions such as payroll and benefits administration to a lot more strategic tools for recruiting and functionality management. According to the Bersin by Deloitte study, the HR experts poised to make a modify are seeking integrated solutions that incorporate talent management suites, a much better end-user knowledge and analytics.

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There are numerous options in human capital management software nowadays, generating it even more critical for HR specialists to step back and appear at the all round vision of their workforce in order to determine their wants, says Stacey Pezold, Paycoms Executive Vice President of Operations. For instance, can your technology boost hiring and drive performance although lowering labor expenses and retaining worthwhile personnel? We want to support employers identify the ideal technology for their organization by delivering critical qualifying inquiries to ask of themselves, their vendors and of former users of the items they are contemplating.

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Paycoms infographic requires viewers by way of the vetting method just as 1 might pick a important other. They cover what functionality to appear for in the total package, how particular attributes like 1 database of record will advantage a buyers capacity to make insightful analytics. Paycom also cautions employers to do their due diligence and gives a dependability checklist to guarantee they are thinking about a vendor with a solid reputation, economic stability and staying power. Security, supportiveness and a commitment to product improvement are other crucial places Paycom recommends 1 asks present and former users of vendor products below consideration. And lastly, Paycom covers the break-up method, reminding purchasers that the right vendor these days might not be the proper vendor forever. The breakup portion delivers essential queries to ask to ensure a smooth split if occasions get hard.

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For those HR experts searching to boost their human capital management technology, download Paycoms Discovering Your Soul Mate in Human Capital Management infographic at http://www.paycomonline.com/hcm for complete particulars.

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Connected Administrator Press Releases

Balmoral Dubai # 4099 Inc. Indicators Joint Venture with Hong Kong Capital Technology Restricted

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(PRWEB) June 29, 2013

Sheung Wan, Hong Kong Balmoral Companies operate as a number of trading facilities in the British Virgin Islands (BVI), London, UK and United Arab Emirates (UAE) teaming with accredited investors worldwide. This year, Balmoral has two divisions, Renewable Power and the newly acquired Arts &amp Entertainment division, with partnerships about the globe, celebrating 25 years of development and innovation.

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Lately Balmoral Dubai #4099 Inc. has arranged a joint venture with Hong Kong Capital Technology (HKCT) to gain access to the Asia industry in Hong Kong. HKCT will handle and organize new lines of credit from clients and private portfolios of private equity funds and direct investments. Balmoral will organize many new economic facilities and have HKCT act as an administrator to oversee the private organization, financial reporting and tax functions for the group.

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The arrangement will quickly commence by advertising a new private equity limited partnership, with the aim of raising

David Simons Twin Capital Management Continues to Grow its Team and Assets

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New York (PRWEB) July 02, 2013

Twin Capital Management LLC, a New York-primarily based occasion-driven hedge fund firm, has appointed Sarah Petner as vice president. In her new function with Twin Capital, Ms. Petner will report to Kevin Gahwyler, COO/Director of Business Improvement, expanding Twins capabilities in marketing and investor relations to preserve pace with the considerable growth Twin has skilled over the last year.

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We are excited to welcome Sarah to our team, mentioned David Simon, Twin Capitals founder and CEO. We are confident Sarah will maintain our high quality investor get in touch with as we continue to execute our development method.

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Before joining Twin Capital, Ms. Petner served as an associate in the capital introductions group at Jeffries LLC. She also served as a consultant at FactSet Analysis where she was a single of six investment professionals managing a $ 400 million lengthy/brief fund. Ms. Petner is a graduate of Tulane University with a Bachelors of Arts in Political Science and Economics.

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In addition, Twin Capital has added Yoav Stramer as an assistant trader. Mr. Stramer will report to Sean Spillman, Head of Trading. Prior to joining Twin Capital Mr. Stramer worked as a trader on the ETF/Quantitative trading desks at UBS Securities. Mr. Stramer is a graduate of University of Iowa with a Bachelor of Enterprise Administration in Finance.

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About Twin Capital Management:&#13

Twin Capital Management LLC is an alternative investment management firm founded by David Simon in 1988. The firm manages equity-primarily based, occasion-driven techniques with the purpose of consistently generating superior, danger-adjusted, and uncorrelated returns. Twin Capital Managements investment method is created to recognize, analyze and maximize the upside of possibilities, even though minimizing threat. David Simon was honored by The Young Jewish Experts (YJP) with the Equity Event Driven/Merger Arbitrage Award at the 2012 YJP Finance and Hedge Fund Summit. Twin Capital Management LLC won HFMWeek’s best Merger Arbitrage Fund at the 2012 U.S. Hedge Fund Overall performance Awards.

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Past overall performance is not indicative of future results. The data contained in this press release does not constitute an supply to sell or the solicitation of an offer you to purchase interests in any fund managed by Twin Securities, Inc. Such an offer or solicitation can only be created pursuant to a final supplying memorandum, only to investors who meet particular eligibility requirements, and only in these jurisdictions where permitted by law. An investment in a private fund is not proper or appropriate for all investors and includes the threat of loss, as properly as other dangers far more completely described in the offering memoranda. Twin Securities, Inc. is a registered investment adviser. Much more data about the adviser can be identified in its ADV Element 2, which is available upon request by calling 212-687-6834.

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Notion Capital Markets, LLC Earns Several Best Ratings in International Custodians Prime Brokerage Survey

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Garden City, NY (PRWEB) July 02, 2013

Concept Capital Markets, LLC was named Leading Rated in 4 of the 5 categories of the 2013 Prime Brokerage Survey by Global Custodian Magazine in which it participates, such as those for managers with assets under management under $ one hundred million, with single and multi-techniques, and for those based in North America. Concept also earned a Commended rating for the single prime broker category. The 20th annual edition of the survey incorporated much more than three,300 hedge fund responses on behalf of 50 different providers of prime brokerage services, and covered 12 various service areas pertaining to the prime brokerage market.

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Concept Capital earned the Top Rated honors as a result of scoring Ideal in Class by the surveys respondents in 11 service places in 1 category, like Client Service, Operations, Financing and Margining, Securities Lending, OTC Derivatives Clearing, Reporting, Prime Custodial Services, Technologies, Hedge Fund Consulting, Value, and Reputation, as effectively as ten service locations in two categories, and 9 in the other. The full survey benefits could be viewed at International Custodians website, http://www.globalcustodian.com.

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We appreciate the efforts by Global Custodian and all of the managers who participated in the survey, and are extremely gratified for the recognition our firm received from our consumers for the solutions we supply. We aim to earn our customers organization each and every day by serving as a trusted and loyal companion and delivering the prime brokerage solutions theyve come to expect of us, mentioned Jack Seibald, co-founder and Managing Member. He added, The survey benefits offer useful feedback from our customers that will support us as we further develop our capabilities to meet their demands. Fund managers face sufficient difficulties each and every day as they search out the best attainable investment and trading possibilities for their clients assets. Our mission at Concept is to provide the custody, execution and clearing, operational support, and portfolio management and reporting options that free of charge our customers to focus on their core competencies.

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We think the Concept team is uniquely equipped to comprehend and anticipate our customers demands and preferences due to the fact of our diverse set of experiences and talent sets that incorporate launching and managing hedge funds, trading on a assortment of execution and order management systems, clearing and settling trades at a number of clearing firms, providing operational and technologies assistance to wide ranging investment approaches, using portfolio reporting technologies, implementing compliance procedures, and raising capital. We continue to invest in technology, talented men and women, as effectively as regional branches in an work to deliver the tools and support services that boost our customers potential to handle their organizations. These investments have resulted in a large number of new client mandates more than the past year and permitted us to retain current clients at a quite high rate, he concluded.

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About Notion Capital Markets, LLC:&#13

Notion Capital gives a extensive suite of brokerage and related solutions that supply conventional and alternative investment managers with options that are customizable and scalable. The firm was built by former investment managers to serve hedge fund managers, managed account platforms, institutional investors, family members offices, and registered investment advisors with turn-crucial solutions designed to free its consumers to focus on their core competencies. Our supplying features globe-class custody and clearing alternatives, multi asset class capabilities, leading execution and order management systems, a seasoned execution desk, a variety of financing possibilities, a extremely expert operations and buyer help group, extensive portfolio reporting capabilities, and capital introduction. Idea Capital Markets, LLC was established in 2010 following the spin-off of the Concept Capital division of Sanders Morris Harris Inc., whose origins date back to 1995. Notion Capital Markets, LLC is headquartered in Garden City, New York and operates offices in New York City, Greenwich, CT, Chicago, IL, Los Angeles and Del Mar, CA, Atlanta, GA, and Boca Raton, FL. The firm is registered as a Broker Dealer and Investment Adviser with the SEC, and is a member of FINRA, NFA, and SIPC. For additional information, visit http://www.conceptcapital.com.

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About Global Custodian Magazine:&#13

International Custodian is the top magazine covering the international securities company. With a circulation of 20,000 investment specialists about the world, the magazine is published 5 occasions a year by Asset International, and is defined by high-top quality editorial and a series of annual surveys that have grow to be benchmarks for the market. Founded in 1989, the original concentrate of the magazine was on securities processing operations: articles that explore how shares trade and settle and are held. Its editorial scope has considering that expanded to consist of fund administration, securities lending and financing, prime brokerage and the infrastructure of the international securities industry (CSDs, ICSDs, payments systems and other market bodies and initiatives). The editorial content of the magazine is now also supported by industry-regular surveys that address how the functionality of custodian banks, fund administrators, prime brokers and tri-celebration securities financing providers examine with each and every other and inside person markets. For extra info, go to http://www.globalcustodian.com.

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Related Administrator Press Releases

Overture Technologies Closes $6 Million Series C Funding Led by Capital Trust Ventures

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Bethesda, MD (PRWEB) December 19, 2008

Overture Technologies, the top provider of decisioning computer software solutions that enable transparent, precise and responsive lending processes, announced it has closed $ 6 million in Series C funding led by Capital Trust Ventures with continuing participation from CNF Investments, New Markets Growth Fund and other current investors. Financing will be utilized to help market expansion to meet urgent and increasing demand for the company’s monetary decisioning solutions serving the mortgage and education lending industries. In conjunction with the funding, Tim Meyers, Managing Partner at Capital Trust Ventures, has joined Overture’s board of directors.

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“Today’s mortgage and student loan industries demand constant application of complicated lending and pricing recommendations and thorough evaluation of ever-changing threat and asset valuation data to meet present and future regulatory specifications,” mentioned Bill Kelvie, CEO, Overture Technologies. “This growth funding from skilled investors in the course of a difficult time further validates our method and will aid us accelerate our attain for the markets we serve.”&#13

Overture enables industry efficiency and improves danger management in underwriting, pricing, servicing and valuing mortgage loans and assets with its Mozart suite of options, sector-major automated decisioning application for originations and acquisitions, servicing, secondary advertising and the capital markets. In addition to Overture’s sophisticated FHA lending decisioning capabilities, its groundbreaking resolution uses guidelines-driven decisioning for loan modifications to hold borrowers in their homes. &#13
Overture’s education finance options empower colleges and universities, lenders, guarantors and other service providers to help students intelligently navigate the process of funding their education with Conductor, the leading online economic help portal, the Student Loan Marketplace loan comparison tool and Amadeus, the premier student loan pricing and underwriting resolution. &#13
“Overture is providing enterprise rules management systems for lending processes that can restore self-assurance in the credit markets and stop the existing crises in mortgage and education lending from happening again,” said Tim Meyers, Managing Partner, Capital Trust Ventures. “We’re pleased to invest in a company led by business veterans and technology thought leaders who are enabling greater accuracy, transparency and efficiency for this substantial and important segment of the monetary solutions sector.”&#13

About Capital Trust Ventures:&#13

Capital Trust Ventures supplies development-stage venture capital financing for data technology firms. We operate closely to kind a robust partnership with confirmed entrepreneurial leaders with the vision and spirit to construct market-leading organizations, assist them to achieve scale and exit effectively. Our group of partners has in depth investing and entrepreneurial encounter in numerous sectors such as application application, emerging technologies, vertical application, new media, world wide web content material, e-commerce and infrastructure computer software. Capital Trust Ventures is a member of the Capital Trust Group, a major private equity and advisory firm. For extra info, go to http://www.capitaltrustventures.com.

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About Overture Technologies:&#13

Founded in 2000, Overture Technologies is the leading provider of decisioning application options that allow transparent, accurate and responsive lending processes for the mortgage and greater education lending industries. Overture’s consumers are dedicated to supplying superior mortgage underwriting, servicing and securitization services and to increasing students’ access to greater education financing alternatives. Overture’s leadership team applies decades of experience from major economic services and technology firms like Fannie Mae, Freddie Mac, Goldman Sachs, IBM and KPMG to aid our clients achieve their goals. For further data, call (301) 492-2155 or visit http://www.overturecorp.com.

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Clopton Capital Performs Modifications to their Industrial Mortgage Items

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Chicago, Illinois (PRWEB) October 04, 2011

Clopton Capital is industrial mortgage provider and is situated in Chicago, IL. They mostly market commercial mortgages, SBA loans and niche financing mechanisms such as gas station loans and semi truck financing. The founder of Clopton Capital is Jake Clopton and this press release is part of Clopton Capital’s consistent effort to stay involved with the public, namely their future clients. Clopton Capital can be contacted at CloptonCapital.com.

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Clopton Capital has begun a small balance mortgage program two months just before now to lend fairly tiny amounts of capital that most banks and lenders would most likely pick not to. The information of this system are outlined on one of Clopton Capital’s internet sites, CommercialMortgageSource.com. The stated minimum quantity to borrow below this new plan is $ 25,000 and the maximum is $ 400,000. Clopton Capital is expecting this remedy to benefit thousands who have otherwise been turned away by huge monetary institutions who which have tiny interest in lending much less than $ 1,000,000 to a single borrower. In most situations these commercial mortgages can be issued without having broker points as properly. I truly really feel the demand for these loan products will be huge, we’re getting into a best storm where businesses will not be capable to get credit, particularly if they are borrowing amounts that are not worth an underwriter’s time, said Jake Clopton, the founder of Clopton Capital.

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Clopton Capital’s future plans are to launch their own proprietary industrial mortgage solution that would be made for extremely tiny commercial mortgages and underwritten more rapidly than capital from third parties could be. This solution would merely a variant idea of their current in-residence bridge loan finance plan. The lengthy term approach of this operation is to fund a larger and larger portion of loans in-home as time goes on, stated Matt Reed, an associate of Clopton Capital.

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Clopton Capital can be contacted at their internet site CloptonCapital.com or at 866.647.1650 in the course of normal enterprise hours central time. Their internet site includes more particular information about their operating capital merchandise. Their website committed to industrial mortgage is CommercialMortgageSource.com.

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A lot more Loan Modification Press Releases

Peak 1031 Exchange, Inc. Gives Capital Gains Tax Liability Help on Commercial Property Foreclosures

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(PRWEB) February 28, 2012

Commercial real estate owners on the foreclosure track could potentially incur stiff tax liabilities in addition to the loss of their investment, stated Kevin M. Levine, Executive Vice President of Peak 1031 Exchange, Inc. (http://www.peakexchange.com), a Qualified Intermediary, unless they take into account all the outcomes of relinquishing the asset. Industrial owners could have factored in all variables when exiting a commercial endeavor, but the IRS is the crippling X factor that exponentially amplifies the loss of the asset.

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Relying on current information estimating that roughly $ 360 billion in commercial debt will mature in 2012, Levine estimates that some owners will either not be able to restructure the debt sufficiently to retain the asset nor be capable to function out a answer with the lender. Simply because many of these loans are written as non-recourse loans safeguarding the borrowers personal assets in the event of a default, Levine continues, borrowers dont aspect in the impact of the computed loss on the foreclosed commercial asset being classified for capital gains purposes. Most borrowers are unprepared for this. The IRS categorizes the loan amount deficiency — that is, the remaining balance among the tax basis of the property in query and the balance of the unpaid loan — as a realized obtain for tax purposes.

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Although Levine admits that at some point capital gains taxes owed should be happy, exchanging the property in a 1031 exchange is not only inventive, but allowed under the existing tax code to defer capital gains taxes. The 1031 exchange route presents a feasible alternative to distressed industrial borrowers seeking a strategic exit from the liability with an eye to mitigating future tax liabilities. In order for the exchange to a valid, nonetheless, the borrower have to sign over the title to the 1031 exchange Qualified Intermediary ahead of the house is sold at auction, and the interested purchaser must be produced conscious that title is held by the Intermediary.

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The volatility of the past cycle is beginning to stabilize, revealing new opportunities for industrial genuine estate investors, says Levine, even in the arena of investors incurring a loss of equity or total loss of asset. Minimizing or deferring any possible tax liability through the 1031 exchange approach is one way of putting investors back on the road to recovery.

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Peak 1031 Exchange, Inc. is one particular of the entities in the Peak Corporate Network headquartered in Woodland Hills, California. In addition to industrial loan modifications, the Peak Corporate Network entities offer you mortgage lending, loan servicing, brief sale solutions, foreclosure solutions, actual estate brokerage and escrow solutions. For a lot more details, check out http://www.peakcorp.com.

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The Peak Corporate Network is a brand that represents a group of associated separate legal entities, every delivering its exclusive set of true estate services.

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Direct Capital Slashes Finance Transaction Time with eSignatures

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Portsmouth, NH (PRWEB) June 8, 2010

Direct Capital, a leading nationwide provider of commercial lending services, has launched a new electronic documentation system that enables its customers to securely execute lease, loan, and working capital transactions electronically. The system, the first of its kind in the equipment leasing industry, is drastically reducing turnaround time for business customers and delivering meaningful cost savings for the company.

“We have launched the most streamlined, convenient lending process available to businesses today,” said James Broom, Chief Executive Officer for Direct Capital. “This was a major undertaking that significantly improves the efficiency and experience for businesses when they need to access capital. Equally as important, we have also enhanced our industry leading competency in fraud detection.”

According to Broom, the initiative has reduced the customer documentation processing time from five days to five hours on average. “It’s a win-win for all parties,” he said. “We are completing transactions with remarkable speed while reducing costs involved with express delivery services and expensive errors, and we are also greatly reducing our impact on the environment.”

The new process has also been very well received by Direct Capital’s vendor partners, according to Shawn Arnone, Vice President of Business Development for Direct Capital. “We have a large base of vendors/dealers who offer financing to their customers using our services,” said Arnone. “You can imagine how pleased they are to receive a purchase order the same day they submit an application to us. We are even providing same day payments in some cases. This is a game-changing efficiency in the vendor sales cycle.”

According to Broom, the initiative was built through a partnership with electronic solutions provider eOriginal. “Our vendor selection hinged on the capability to deliver robust eSignature technology and management together with a trusted repository,” he said. “eOriginal has a long and successful history providing the capability to transfer and securitize electronic loan transactions. eOriginal is one of the best technology partners we have ever worked with.” Broom also noted that Direct Capital has successfully implemented the process with its secondary market financing sources.

“Partnering with Direct Capital on such a dramatic and successful business process transformation has given both companies the opportunity to showcase our strengths in the finance market,” said Steve Bisbee, CEO of eOriginal. “We realized the depth of the Direct Capital commitment when we saw their due diligence in confirming legal, audit and secondary market requirements and their requirement to incorporate only the best practices.

About Direct Capital

Established in 1993, Direct Capital provides specialty finance solutions, including capital equipment leasing, commercial loans, working capital, and merchant cash advances. Direct Capital markets its services through direct relationships with businesses and through partnerships with franchisors, vendor dealers, and manufacturers of capital equipment. Superb execution on its exceptional and unique direct service delivery model is the cornerstone of Direct Capital’s success in an increasingly commoditized financial services industry. Direct Capital is headquartered in Portsmouth, NH with offices in New York, New Jersey, California and New London, NH. Subscribe to the Direct Capital blog at http://blog.directcapital.com. Follow Direct Capital on Twitter at http://twitter.com/directcapital.

About eOriginal

eOriginal provides advanced electronic signature, vaulting and electronic transaction solutions that are tamper-sealed, auditable and legally enforceable through either a SaaS or as an on premise software model. eOriginal SmartSign