Platinum Funding Group Strengthens Its Factoring Offerings to Hedge Fund and Venture Capital Communities
New York, NY (ContentDesk) June 26, 2006 -- Platinum Funding Group announced the expansion of its service offering to hedge funds, venture capital firms and boutique investment banks by appointing two new business development professionals at the companys headquarter in New York City.
Dina Niron and Greg Zilberstein joined Platinum Funding Group in June and are responsible for originating new business opportunities from these financial organizations.Dina Niron will more specifically focus on the venture capital industry. In her new post, she will reach out to private market investors, venture capitalists, private equity funds professionals, and portfolio managers. For the last couple of years, Niron specialized in funding early stage and fast growing companies through PIPEs and investments in private companies.
Prior to joining Platinum Funding Group, she was COO of a hedge fund in New York. She managed funds portfolio, and established strong relationship with IR firms. Niron was also in charge of analyzing and evaluating global markets. Niron, an attorney by profession, is a member of the New York State Bar. She holds an LLM from Benjamin N.
Cardoso School of Law in New York, and an LLB from Tel Aviv University School of Law.Greg Zilberstein joined Platinum Funding Group to support and develop services to the investment banking community in the tri-state area. He will direct his attention to investment and commercial bankers, private equity and turnaround professionals.Prior to joining the company, Zilberstein was with Laurus Capital, where he sourced, structured and negotiated debt and equity investments for sponsored and non-sponsored transactions in public and private companies. Target investments were in distressed, growth capital, recapitalizations, leveraged buildups and buyout areas.Before Laurus Capital, Zilberstein was a Director of Strategic Corporate Finance at IDT Corporation (NYSE: IDT), and an associate with STI Ventures/Softbank. He started his career as an investment banking analyst with Gerard Klauer Mattison & Co. Zilberstein received his BA in Biology and Finance from Yeshiva University."We are extremely pleased to welcome these two experienced business development professionals to Platinum's ranks" said Einat Steklov, Platinum's Senior Vice President, Special Funding Solutions.
"Platinum Funding Group is poised to enhance its service offering to the hedge fund and venture capital communities and their portfolio companies. With Dina Niron and Greg Zilberstein onboard, Platinum is ready to provide faster bridge funding to the investment banking community."About Platinum Funding GroupPlatinum Funding Group, a leading factoring company, provides clients with accounts receivable funding, letters of credit, bridge funding, and accounts receivable management. Established in 1992, Platinum Funding Group has been consistently supporting companies with annual sales between 1 million and 100 million.Platinum Funding Group possesses the financial resources to serve the needs of clients across more than 30 industries. Platinum Funding Group holds a leading position in factoring services, issuing same day advances on accounts receivable to start-ups, fast growing firms, and companies in Chapter 11.Headquartered in New York City, with operations office in Hackensack, New Jersey, Platinum Funding Group has a network of regional offices throughout the US.Contact:Layla Law-GisikoPublic Relations1-888-700-PLATINUMwww.PlatinumFundingGrp.com.
5 Things To Know About The Stock Market
50% Of U.S. Households Invest In The Stock Market
Individuals invest in the stock market directly, through mutual funds, their pension plans, profit sharing plans, 401k's, IRA's, etc.
Mutual Funds Dominate The Market
It is mainly the mutual funds, buying and selling, who move the market and cause individual stocks to go up and down. Mutual funds are the 800-pound gorillas of the stock market; at the end of 2003, mutual funds held more than $3 trillion dollars worth of stocks.
The Dow Jones Average Is Not The Stock Market
The Dow Jones Industrial Average is comprised of only 30 selected stocks.
In reality, there are more than 7,000 different stocks listed on the 3 major U.S. stock exchanges. That makes it quite possible that, in a given time frame, the Dow Jones Average may be flat or down but many individual stocks may actually be up.
Most Individual Investors Fail
Over time, most individual investors...
Hedge funds > 5 Things To Know About The Stock Market
Altegris Investments Announces New Director of Hedge Fund Research
La Jolla, CA (ContentDesk) July 6, 2006 Altegris Investments Inc. is pleased to announce that Michael Ding has joined the firm as the Director of Hedge Fund Research. Mr. Ding was previously Vice President, Research and Investment Management, for Abria Alternative Investments, Inc. in Toronto, Canada, where he worked since June of 2003.
Prior to this, he was a Senior Investment Analyst in Alternative Investments for the National Bank of Canada, and a Hedge Fund Research Analyst for the Northern Trust Company, in addition to several financial analyst roles.