Algon Expands Mexican Advisory Capabilities with the Addition of Ricardo Cano

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Nov 14, 2014, 10:53 ET

NEW YORK and ATLANTA, Nov. 14, 2014 /PRNewswire/ -- Algon Group announced today that Ricardo Cano has joined Algon as Managing Director. Mr. Cano will be responsible for development of the Mexican market for the firm.

Mr. Cano has served as an advisor to senior management of Latin American companies with respect to transformations, corporate governance, optimization of the capital structure, post-acquisition integration and raising debt in the markets, and with a special focus on cross-border elements and risk mitigation. Mr. Cano has also actively participated in a number of complex acquisition finance, project finance and debt restructuring processes, and has closed approximately 400 transactions in capital markets in many industries and throughout the credit spectrum.

"I am very excited about joining Algon as it expands its international presence. The firm is uniquely positioned to advise companies facing complex situations. Its track record, results-oriented approach and team of highly capable professionals can add tremendous value to companies based or operating in Mexico.

Troy Taylor, President of Algon said, "We are pleased to have Ricardo Cano contribute his expertise with the Mexican market to our team and support the unique needs of our clients."

Mr. Cano served as Managing Director at Banco Bilbao Vizcaya Argentaria (BBVA) in Mexico, with 15 years of experience leading various specialized product teams. Previously, he had worked at ABN AMRO in Miami structuring project finance transactions throughout Latin America and at a brokerage house in Mexico placing short-term corporate securities.

Mr. Cano holds a B.S. in Business Administration from the Kogod School of Business at The American University in Washington, DC.

About Algon

Algon Group (www.algongroup.com) is a specialized financial advisory firm that provides sophisticated financial analysis and advisory services including financings, mergers and acquisitions and restructurings. Algon professionals each have decades of investment banking experience and, in aggregate, have handled transactions in excess of $20 billion during their collective careers. Algon has handled over $3.7 billion in various assignments on behalf of both public and private entities over the last four years. In the United States, the firm operates on a national basis and has professionals in New York, Atlanta, Birmingham, Miami, Phoenix, Philadelphia and Tampa Bay, and in San Jose, Costa Rica.

SOURCE Algon Group