Madison Street Capital recently made an announcement, and followed the announcement by releasing a report on their numbers for 2015. The announcement stated that Madison Street Capital had managed to announce or close 42 hedge fund deals in 2015 alone. This number is a whopping 27 percent higher than their number for the previous year, which was 32. According to the firm, the wave of momentum is only growing and so clients can expect 2016 to produce even better numbers.
Several news sites commented on this, including pr.com and HedgeWeek. Both news outlets also did a summary of the report that was released by the company. In their summary, they stated that the report said that even though the hedge fund industry, as a whole, did not have a good year during 2015, the reason was not because the assets are not there. Quite the contrary, actually. The assets are there, the strategies that the hedge funds are using are just wrong. In addition, the summaries included a quite from Karl D’Cunha, the Senior Managing Director at the firm. D’Cunha stated how the industry should expect further consolidation, and that good partnerships are going to emerge that bring together distribution and product offering.
Madison Street Capital is an investment banking firm that provides services such as financial opinions for companies, financial reporting valuation, business valuation and corporate advisory. The services it provides are mainly for middle market companies. The firm was founded in 2005 and is best known for three of its services, which include mergers and acquisitions, valuation services and advising for corporate governance and independence in domestic markets and international markets. The firm also has offices spread across the globe in North America, Asia and Africa. Their goal is to create partnerships that benefit everyone involved.
The firm has been able to forge big transactions between Reilly Construction Co, Inc and General Electric Capital Corporation, Southeast Directional Drilling, Inc and Sorenson Capital, Energy Maintenance Services Group, LLC and Victory Park Capital, and Five Star Employment and Bibby Financial Services, Inc. The firm is able to do this because of its strong leadership. Madison Street Capital has people like Jay Rodgers on their leadership team. Rodgers is a Managing Director at the firm. He served as an officer in the United States Army for several years after he graduated from Florida State University. Rodgers provides clients with services like advising on mergers and acquisitions and corporate finance engagements. His experience is heavily in the construction, agricultural and manufacturing sectors, but mainly on an industrial level. Rodgers previously worked for companies like the Lehman Brothers, Noyes Inc and Drezel Burnham Lambert.
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