Knight Expands ABS/MBS Capabilities in Commercial Real Estate
JERSEY CITY, N.J. and GREENWICH, Conn., Aug. 10 /PRNewswire-FirstCall/ -- Knight Capital Group, Inc. (NYSE Euronext: KCG) today announced an expansion of ABS/MBS capabilities in commercial real estate finance with the hiring of Barry M. Funt and Winston G. van Buitenen as Managing Directors.
The Commercial Real Estate (CRE) Finance team will leverage Knight's institutional fixed income platform to originate real estate loans for leased-backed and project financings of all types. The team will provide creative structuring advice on transactions that seek to achieve both the economic and qualitative project goals of participating landlords and tenants.
"Barry and Winston bring considerable experience to Knight in the CRE market," said Ronak Khichadia, Managing Director, Global Head of ABS/MBS at Knight Libertas. "Using Knight's extensive client network of leading buy-side firms, they will be able to execute across the credit spectrum, undertake both large and small transaction sizes, structure taxable and tax-exempt real estate financings, and flexibly tailor structures to meet project objectives."
Knight provides buy-side firms with research, sales and trading across a broad range of fixed income securities. Knight trades on a client-driven basis in securities that include High Yield/Distressed, Investment Grade/Crossover, Bank Loans, ABS/MBS, Convertibles, Municipals, Taxable Municipals and Corporate/Sovereign Emerging Markets Debt. Knight Research publishes reports using capital structure valuation and data-driven analytics to provide buy-side clients with information and insight on public and private companies.
Biographies
Barry F. Funt
Managing Director, Commercial Real Estate Finance
Knight Libertas LLC
Barry Funt is a Managing Director, responsible for commercial real estate finance.
Prior to joining Knight, Mr. Funt spent nine years at Natixis Real Estate Capital (formerly known as CDC/IXIS) where he helped build the firm's commercial real estate finance unit. Prior to Natixis, Barry was the General Counsel of Nomura Securities International's commercial real estate finance business. Before joining the commercial real estate finance group, Barry worked on the repo desk and engaged in both treasury repos as well as whole-loan gestation repo financing. Barry started his career as an associate at Thacher Proffitt & Wood and Donovan Leisure Newton and Irvine.
Barry received a juris doctorate from the New York University School of Law and a bachelor of arts in politics from Brandeis University.
Winston G. van Buitenen
Managing Director, Commercial Real Estate Finance
Knight Libertas LLC
Winston van Buitenen is a Managing Director, responsible for commercial real estate finance.
Mr. van Buitenen was the co-founder and Managing Director of Allegiance Investment Advisors, LLC which specializes in all forms of credit based real estate lending including CTL, mezzanine, tax-exempt bond offerings and public incentivized financing structures. Mr. van Buitenen was a founding member of The Norseman Group, LLC, a structured finance firm focused exclusively on providing first lien and secondary debt solutions to acquirers and owners of credit tenanted commercial net lease properties. Previously, Mr. van Buitenen held senior roles at Sony, where he led several large-scale integration and real-estate projects, Loews Theaters, as Executive Vice President and Chief Operating Officer and at Price Waterhouse.
He has a bachelor of science in accounting from Fairfield University and is a New York State certified public accountant.
About Knight
Knight Capital Group, Inc. (NYSE Euronext: KCG) is a global financial services firm that provides market access and trade execution services across multiple asset classes to buy- and sell-side firms. Knight's hybrid market model features complementary electronic and voice trade execution services in global equities and fixed income as well as foreign exchange, futures and options. The firm is the leading source of liquidity in U.S. equities by share volume. Knight also offers capital markets services to corporate issuers. Knight is headquartered in Jersey City, NJ with a growing global presence across the Americas, Europe and the Asia-Pacific region. For more information, please go to www.knight.com.
Certain statements contained herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not historical facts and are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond our control. Accordingly, readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict including, without limitation, risks associated with changes in market structure, legislative or regulatory rule changes, the costs, integration, performance and operation of businesses recently acquired or developed organically, or that may be acquired in the future, by the Company. Since such statements involve risks and uncertainties, the actual results and performance of the Company may turn out to be materially different from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made herein. Readers should carefully review the risks and uncertainties disclosed in the Company's reports with the U.S. Securities and Exchange Commission (SEC), including, without limitation, those detailed under the headings "Certain Factors Affecting Results of Operations" and "Risk Factors" in the Company's Annual Report on Form 10-K for the year-ended December 31, 2009, "Risk Factors" in the Company's Quarterly Report on Form 10-Q for the quarter-ended March 31, 2010, and in other reports or documents the Company files with, or furnishes to, the SEC from time to time. This information should also be read in conjunction with the Company's Consolidated Financial Statements and the Notes thereto contained in the Company's Annual Report on Form 10-K for the year-ended December 31, 2009, and in other reports or documents the Company files with, or furnishes to, the SEC from time to time.
SOURCE Knight Capital Group, Inc.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article