Hall of Fame quarterback John Elway often escaped trouble on the field. But in 2010, Elway and a business partner invested $15 million with a hedge-fund manager who was arrested on charges that he ran a Ponzi scheme, The Denver Post reported. Elway lost $3 million.
Athletes can fall victim to Ponzi schemes if they do a poor job vetting the people who are handling their investments, says Michael Chasnoff, chief executive of Truepoint Inc., a wealth management company in Cincinnati.
Athletes often think they can trust the person investing their money if he or she was recommended by someone the athlete respects.
Investors have to perform their own due diligence no matter how much they trust the person who recommends an investment adviser, Chasnoff says.
The National Association of Personal Financial Advisors offers a questionnaire to help investors interview potential advisers. Before signing on, an investor should also contact the adviser’s other clients as a reference.
Look for advisers who are known in the community and give back to the community through charities or nonprofit groups. “They are usually very professional, high-integrity people,” Chasnoff says.
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2012年2月1日星期三
2012年1月19日星期四
Sikich Investment leads recapitalization of FiberLink
Article updated: 1/18/2012 12:34 AM
By Marketwire
By Marketwire
CHICAGO — Sikich Investment Banking said it completed a recapitalization of FiberLink LLC, an owner of regional fiber optic routes between Chicago and Denver and Chicago and New Orleans.
Sikich served as the exclusive placement agent to FiberLink, securing financing from Silicon Valley-based Bridge Bank. The proceeds were used to recapitalize the company.
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Sikich Investment Banking’s Capital Markets team specializes in approaching capital markets from a comprehensive and strategic perspective, and designing customized financing structures to help fulfill growth strategies for clients at acceptable levels of risk. The team, led by Mark Solovy, head of the Capital Markets group, worked closely with FiberLink’s management to structure the transaction, prepare offering materials, conduct the financing process, assist with investor due diligence, and ultimately negotiate the terms of the final transaction.
“Mark and his Sikich colleagues have a very broad network of investor relationships, as well as financing expertise with emerging growth companies,” said Kenneth D. Anderson, chairman of FiberLink. “The team clearly understands the unique characteristics and challenges of emerging growth technology companies in accessing the ever-changing competitive capital markets, and was able to structure a transaction with terms which were advantageous for FiberLink.”
http://tourism9.com/ http://vkins.com/
Sikich served as the exclusive placement agent to FiberLink, securing financing from Silicon Valley-based Bridge Bank. The proceeds were used to recapitalize the company.
Advertisement
Sikich Investment Banking’s Capital Markets team specializes in approaching capital markets from a comprehensive and strategic perspective, and designing customized financing structures to help fulfill growth strategies for clients at acceptable levels of risk. The team, led by Mark Solovy, head of the Capital Markets group, worked closely with FiberLink’s management to structure the transaction, prepare offering materials, conduct the financing process, assist with investor due diligence, and ultimately negotiate the terms of the final transaction.
“Mark and his Sikich colleagues have a very broad network of investor relationships, as well as financing expertise with emerging growth companies,” said Kenneth D. Anderson, chairman of FiberLink. “The team clearly understands the unique characteristics and challenges of emerging growth technology companies in accessing the ever-changing competitive capital markets, and was able to structure a transaction with terms which were advantageous for FiberLink.”
http://tourism9.com/ http://vkins.com/
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