posted Jun 16, 2010, 4:35 PM by T. Reid Lewis
The Hutchison Company (FINRA/SIPC) is readying a $75 million private placement for a blank check company (special purpose entity) proceeds from which will be used to acquire or recapitalize a troubled financial institution either through an FDIC assisted transaction or open bank transaction. The private placement will be principally marketed to smaller private equity/family office investors and to a limited extent accredited investors. The management team for the company is based in Miami so it is likely that the bank recapitalized will be a Florida institution.
This position requires significant private equity/investor relationships and a desire to sell somewhat nontraditional investments that are intended to take advantage of unique market opportunities and produce superior returns on a risk/reward basis. Series 7 license or ability to pass test in short order. Compensation will be heavily weighted to successful completion of the transaction and will be generous.
To apply, send cover letter and resume to phuber at hutchisoncompany.com