HedgeCo.net –JERSEY CITY, NJ, March 26, 2007 – Yorkville Advisors, LLC, a firm engaged in providing structured equity financing solutions to growing companies worldwide, today announced that it has hired Richard Brand to the position of Managing Director and Jeff Treut to the position of Senior Vice President, Corporate Finance.
Mr. Brand will join the firm’s Investment Committee and will report directly to Managing Member Mark Angelo. Mr. Treut will focus on deal origination and will report to Managing Director Troy Rillo. “The skill sets that Richard and Jeff bring to the firm with their combined 30-years of corporate finance experience will allow them to hit the ground running and enhance the robust deal origination platform that the firm has built since 2001†said Mark Angelo.
Mr. Brand was most recently the Head of Origination and Managing director at Prospect Capital Management, a mezzanine and debt private equity firm focused on industrial and energy companies.
Prior to Prospect Capital, he was a Group Head and Managing Director at Caisse
des Depots where he structurted financing transactions for communication, technology, energy and medical companies. Mr. Brand also brings significant experience from his time as the Managing Director of the private placement business at Robertson Stephens where he was also a member of the Investment Committee. Mr. Brand has structured and negotiated private equity deals at Deutsche Bank and Merrill Lynch, including Merrill’s first $1 billion deal. He received an MBA from the University of Chicago and a BA from the University of Iowa
Mr. Treut was most recently the Executive Director of technology start-up GettingHired, where he developed a software program to serve the recruiting needs of middle market companies. Prior to GettingHired, he was an analyst in the Restructuring and Reorganization Advisory Group of The Blackstone Group where he was responsible for developing valuation models, performed liquidity analyses and provided restructuring advisory services for a diverse group of Blackstone’s investments. Mr. Treut received a JD from Harvard Law School with a specialization in Corporate Restructuring and a BA in Mathematics and Economics from Bowdoin College.
About Yorkville Advisors/Cornell Capital Partners:
Founded in 2001, Yorkville Advisors LLC is the Investment Advisor to Cornell Capital Partners, L.P., a private investment firm that specializes in structured finance. According to Knobias Pipe Trac, Cornell was one of the most active investors in the U.S. in terms of the number of structured equity financings in 2006. Cornell structured over $800 million in committed equity capital in over 100 transactions in the U.S. and around the globe within the last 12months. Headquartered in Jersey City, NJ, Yorkville has offices in London, UK, Milan, Italy, San Diego,
CA, and Jupiter, FL.
Sophie Sophaon l Walek & Associates l Office: 212.590.0522 l Cell: 202.270.4870 l [email protected]
