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NEW YORK | August 2012
NEW YORK – August 15, 2012 – Praesidian Capital (“Praesidian” or “the Firm”), a leading provider of mezzanine capital for small and mid-sized companies, announced this week that Thomas J. Duffy has joined the firm as an Associate, effective immediately. Duffy’s responsibilities include financial analysis, due diligence and execution of new investments along with monitoring portfolio investments.
“Tom comes to us with a strong background in transaction-related work,” said Jason Drattell, Managing Partner. “His recent experience with a large, multinational bank, his analytical skills, as well as his focus and passion, make him a great fit for our team.”
Duffy joins Praesidian with five years of investment banking experience. Most recently, he was a part of Bank of America’s MBA Leadership Program. In that program, Mr. Duffy was involved in all aspects of deal flow including prospecting new business, analyzing financial statements and working on varied capital structures. He also spent three years with the bank’s Structured Derivatives Group. Before Bank of America, Duffy worked at Morgan Stanley as an analyst in the International Settlements Department. Duffy received an MBA from Pace University and a B.S. in Finance from Siena College.
“I am excited about the many prospects that working with Praesidian Capital offers,” Duffy said. “I look forward to working with the team to help small and mid-sized businesses with their capital needs and get involved in all aspects of the deal life-cycle.”
Praesidian Capital partners with small and mid-sized businesses by providing private debt capital. With a focus on its core competency in mezzanine financing, Praesidian invests in established, historically profitable companies often in connection with a management/leveraged buyout, recapitalization or refinancing. Based in New York City, Praesidian manages more than $700 million in committed capital. For more information, visit www.praesidian.com.
The Abernathy MacGregor Group
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