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New York, July 27, 2017Marco Polo Securities Inc., the New York-based broker dealer and securities distribution platform has partnered with Pi Capital International LLC, the global advisory firm, to provide investment banking services to the Marco Polo global client base.

Since 2000, Marco Polo has developed a global network of leading securities firms in Europe, Asia, Africa and Latin America. The Marco Polo platform enables global trading of exchange listed securities as well as international distribution of locally originated private placements and M&A products.

“Marco Polo is a global securities platform through which our local members can market their capabilities and products outside their domestic markets. As part of this, we look to introduce members to complimentary international capabilities and technologies which can help them be leaders in their local markets. Pi Capital is a high quality, specialist cross-border advisory firm attuned to the complexities of cross-border deal making. We look forward to Pi Capital aiding our members in both international M&A and international capital raising,” said Peter Jardine, CEO of Marco Polo Securities.

“The Marco Polo relationship is a significant step for Pi. It enhances our capabilities to both source capital and targets around the globe and it opens the door for us to work with some of the very best local investment banks and advisory firms. We look forward to offering Pi clients expanded reach for both capital raising and M&A,” said Steve Carlson, Managing Partner of Pi Capital.

About Marco Polo Securities, Inc.

Marco Polo Securities Inc. is a US-registered broker dealer offering global execution, regulatory, and distribution capabilities. Marco Polo was the pioneering platform in building cross border electronic trading infrastructure to enable global institutional flows and the firm’s regulatory and distribution partnership with local securities firms currently encompass 80 countries. Marco Polo provides a unique distribution and regulatory network for capital raising and wealth management in the global markets. Marco Polo is a member of FINRA, NFA and SIPC.

Further information on Marco Polo is available at www.mpsecurities.com.

About Pi Capital International LLC

Pi Capital provides financial advisory services to corporations, governments and financial sponsors enabling its clients to make and execute the strategic decisions needed for success in domestic and global markets. Pi Capital’s services include advising on mergers and acquisitions, recapitalizations and restructurings, and raising private capital. The firm’s global network of clients and capital providers spans North America, Asia, Latin America and EMEA. Pi Capital’s team consists of experienced international bankers, familiar with cross border complexity and cultural nuances, delivering transaction, sector and product expertise. Pi Capital offers access to alternative investment and non-traditional pools of capital. Today, Pi Capital focuses on the financial institutions, industrials, automotive and energy sectors. All regulated activities are conducted through its affiliate Marco Polo Securities Inc.

Further information on Pi Capital is available at www.picapitalllc.com.

CONTACT:

Marco Polo Securities Inc.
Daniel Ibarra
President
(212) 220 2670
dibarra@mpsecurities.com

Pi Capital International LLC
Rachel Robinson
Administrative Officer
(347) 745 6448
rrobinson@picapitalllc.com

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NEW YORK, April 18, 2017 /PRNewswire/ — Pi Capital International LLC (“Pi Capital”) is pleased to announce that it was the exclusive financial advisor and placement agent to Money360, Inc. for a structured debt facility of up to $250 million. The financing vehicle is designed to allow Money360 to employ funding as it provides commercial real estate loans to its U.S. client base. The fund provides Korean investors with a short-duration, high-yield fixed-income instrument.

“A central tenet of Pi Capital’s strategy is our ability to access deep pools of alternative capital around the world and especially in Asia and the Middle East. These pools provide attractive capital raising arbitrages for U.S. companies and we look forward to bringing more of these options to our clients,” said Steve Carlson, Managing Partner of Pi Capital.

 

“We have been present in Korea for almost a decade and the depth of our local relationships helps to provide that essential bridge between local investors seeking global yield but wanting the benefit of locally established structures,” said Matt Yoon, Pi Capital’s Head of Asia. “This is the investment and advisory model we seek to replicate across the region.”

“The fund raise by Pi Capital will allow us to substantially increase our assets under management,” said Evan Gentry, M360 Advisors’ CEO. “We believe this gives us a competitive advantage with an anticipated $250 million investment from one of South Korea’s most reputable financial institutions.”

About Money360, Inc.

Money360’s vision is to transform commercial real estate finance into a fast, transparent, and reliable marketplace for borrowers and investors. Money360 is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans. Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors.

Further information on Money360 is available at www.money360.com.

About Pi Capital International LLC

Pi Capital provides financial advisory services to corporations, governments and financial sponsors enabling its clients to make and execute the strategic decisions needed for success in domestic and global markets. Pi Capital’s services include advising on mergers and acquisitions, recapitalizations and restructurings, and raising private capital. The firm’s global network of clients and capital providers spans North America, Asia, Latin America and EMEA. Pi Capital’s team consists of experienced international bankers, familiar with cross border complexity and cultural nuances, delivering transaction, sector and product expertise. Pi Capital offers access to alternative investment and non-traditional pools of capital. Today, Pi Capital focuses on the financial institutions, industrials, automotive and energy sectors. All regulated activities are conducted through Marco Polo Securities Inc. (member FINRA/SIPC).

Further information on Pi Capital is available at www.picapitalllc.com.

About Marco Polo Securities, Inc.

Marco Polo Securities Inc. is a U.S.-registered broker dealer offering global execution, regulatory and distribution capabilities. Marco Polo was the pioneering platform in building cross border electronic trading infrastructure to enable global institutional flows and the firm’s regulatory and distribution partnership with local securities firms currently encompass 80 countries. Marco Polo provides a unique distribution and regulatory network for capital raising and wealth management in the global markets. Marco Polo is a member of FINRA, NFA and SIPC.

Further information on Marco Polo is available at www.mpsecurities.com

CONTACT:

Pi Capital International LLC
Taylor V. James
Chief Administration Officer
(347) 670-1530
tjames@picapitalllc.com

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NEW YORK, March 8, 2017 /PRNewswire/ — Pi Capital International LLC is pleased to announce that Justin Mirro has joined the firm as a Senior Advisor. Mr. Mirro broadens Pi Capital’s reach, industry expertise and investment banking capabilities dedicated to the automotive sector.

Mr. Mirro has over 20 years of experience as an investment banker advising clients in the automotive, industrial and transportation segments at RBC Capital Markets, Moelis & Company, Jefferies & Company and Salomon Smith Barney.

“We are excited to have Justin at Pi Capital,” said Steve Carlson, Managing Partner of Pi Capital.  “Justin’s deep industry expertise and relationships will enable us to provide top-tier advisory services to our clients in the auto sector.”

Mr. Mirro is the President of Kensington Capital Partners LLC, a merchant banking firm that provides capital to automotive and industrial companies.  Kensington Capital also publishes The Motor Weekly newsletter (www.themotorweekly.com) that provides information on publicly traded automotive and commercial vehicle companies.  Mr. Mirro currently serves on the Board of Directors of Cooper-Standard Holdings Inc. and is the Chairman of Pure Power Technologies Inc., a portfolio company of Kensington Capital and supplier of diesel fuel injectors and turbocharges for OEMs and the aftermarket.  He also serves as Chairman of the External Advisory Board at the University of Michigan, College of Engineering, Integrated Systems Design Division. 

Mr. Mirro holds a B.S. in Mechanical Engineering from the University of Michigan and a M.B.A. from the New York University Stern School of Business.

About Pi Capital International LLC

Pi Capital provides financial advisory services to corporations, governments and financial sponsors enabling its clients to make and execute the strategic decisions needed for success in domestic and global markets.  Pi Capital’s services include advising on mergers and acquisitions, recapitalizations and restructurings, and raising private capital.  The firm’s global network of clients and capital providers spans North America, Asia, Latin America and EMEA. Pi Capital’s team consists of experienced international bankers, familiar with cross border complexity and cultural nuances, delivering transaction, sector and product expertise.  Pi Capital offers access to alternative investment and non-traditional pools of capital.  Today, Pi Capital focuses on the financial institutions, industrials, automotive and energy sectors.  All regulated activities are conducted through Marco Polo Securities Inc. (member FINRA/SIPC).

Further information on Pi Capital is available at www.picapitalllc.com.

About Marco Polo Securities Inc.

Marco Polo Securities Inc. is a US-registered broker dealer offering global execution, regulatory and distribution capabilities.  Marco Polo was the pioneering platform in building cross border electronic trading infrastructure to enable global institutional flows and the firm’s regulatory and distribution partnership with local securities firms currently encompass 80 countries.  Marco Polo provides a unique distribution and regulatory network for capital raising and wealth management in the global markets. Marco Polo Securities Inc. is a member of FINRA, NFA and SIPC.

CONTACT:

Pi Capital International LLC
Taylor V. James
Chief Administration Officer
(347) 670-1530
tjames@picapitalllc.com

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NEW YORK, March 6, 2017 /PRNewswire/ — Lebenthal Holdings, LLC (Lebenthal) and South Street Securities Holdings Inc. (South Street) today announced that they have signed a definitive agreement under which South Street will acquire from Lebenthal its 49% ownership interest in Lebenthal & Co., LLC and its 100% ownership interests in Lebenthal Asset Management, LLC and Lebenthal Family Office, LLC. Lebenthal & Co., LLC will continue to operate as a Woman-Owned Firm. Other terms of the transaction were not disclosed.

Jim Tabacchi, President and CEO of South Street, commented on the transaction. “I am pleased to welcome Alexandra Lebenthal, Jim Lebenthal, and the rest of the Lebenthal team to South Street. I believe they will play a meaningful role in our growth going forward. We are committed to making this business combination mutually beneficial for everyone involved, particularly the Lebenthal clients, as we develop business opportunities for Lebenthal & Co. and continue to expand South Street’s footprint in asset management.”

Alexandra Lebenthal, CEO of Lebenthal, noted, “We are pleased to be able to join forces with South Street, which has had extraordinary success since its founding in 2004. South Street’s business model, conservative approach and operational focus are consistent with our culture. We believe this combination with South Street will enable us to better serve our valued clients, and we look forward to this next chapter of our long history.”

“Lebenthal Asset Management has grown threefold since 2014. My team and I look forward to continuing that growth in the future with South Street,” Jim Lebenthal, CEO of Lebenthal Asset Management stated.

The Boards of Directors of both South Street and Lebenthal have approved the agreement. The closing of the transaction is subject to customary closing conditions, including regulatory approval, and the parties expect the closing to occur by the third quarter of 2017.

Gordian Group, LLC is serving as investment banker to Lebenthal, and Saul Ewing LLP is serving as Lebenthal’s legal counsel.

Pi Capital International LLC is serving as investment banker to South Street, and Milbank, Tweed, Hadley & McCloy LLP is serving as South Street’s legal counsel.

About South Street Securities Holdings Inc.

South Street Securities Holdings Inc., through its wholly owned subsidiaries, is a leading provider of U.S. Treasury and Agency repo financing to Agency REITs, asset managers, banks, broker dealers and other capital market participants. The company is a broker-dealer and FICC member running a matched book portfolio that provides low cost financing for high-grade security positions and a source of secure short-term investment for money market funds, municipalities, GSEs, insurance companies, and other alternative deposit clients. South Street also provides other servicing, collateral management, technology, and administrative services for banks, broker dealers and other capital market participants. Further information is available at www.southstreetsecurities.com.

About Lebenthal Holdings, LLC

Lebenthal Holdings, LLC, is the venerable New York-based firm that provides a broad range asset management and capital markets products and services through its subsidiaries and affiliated companies. Lebenthal & Co. (Member FINRA/SIPC) is a leading woman-owned broker-dealer that conducts underwriting and capital markets activities. Lebenthal Asset Management (an SEC-registered Investment Advisor) manages domestic and global equity portfolios and taxable and tax-free fixed income portfolios. Lebenthal Family Office provides to clients cash management, bill pay, liability management, tax filing and other professional services. Further information about Lebenthal can be found at www.lebenthal.com.

About Pi Capital International LLC

Pi Capital’s services include advising on mergers and acquisitions, recapitalizations and restructurings, and raising private capital. Pi Capital offers access to alternative investment and non-traditional pools of capital. All regulated activities are conducted through Marco Polo Securities Inc. (member FINRA). Further information is available at www.picapitalllc.com.

About Gordian Group LLC

Gordian Group is a registered broker-dealer and is ranked in the top 10 firms by The Deal in its financial restructuring League Tables. Its individual investment bankers have been ranked as high as number 1 in The Deal’s League Tables. Further information is available at www.gordiangroup.com.

CONTACT:

Pi Capital International LLC
Steve Carlson
Managing Partner
(914) 772-6245

scarlson@picapitalllc.com

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NEW YORK, Sept. 29, 2016 /PRNewswire/ — Pi Capital International LLC (“Pi Capital”) is pleased to announce that it acted as the exclusive financial advisor to South Street Securities Holdings Inc. (“South Street”) in the placement of an additional $30 million of growth equity capital from Atlas Merchant Capital LLC (“Atlas Merchant Capital”) on September 20, 2016.

The investment follows the $20 million investment Atlas Merchant Capital made into South Street in June 2015 and is a testament to the growth opportunities both South Street and Atlas Merchant Capital are seeing in the market. The investment further reflects Atlas Merchant Capital’s strategy of investing in and growing financial services companies that benefit from its long-term perspective, partnership approach and operating expertise.

Jim Tabacchi, CEO of South Street, noted that “the financial services landscape is in flux, and we are pleased to be well-positioned to expand our services for our clients and build an enduring financial services franchise. It has been great working with the Atlas Merchant Capital team for over a year now, and I am delighted they have chosen to increase their investment in us.” Bob Diamond, CEO and founding partner of Atlas Merchant Capital, said, “Jim and his team are great partners. Our investment in South Street, and the progress we are making with them in building the business, demonstrates the attractive opportunities that exist in the broker dealer sector.”

Separately, in July 2016, South Street closed on $10 million of additional debt capital for the growth of its matched book repo business.

About South Street Securities Holdings Inc.

South Street Securities Holdings Inc., through its wholly owned subsidiaries, is a leading provider of U.S. Treasury and Agency repo financing to banks, broker dealers and other capital market participants. The company is a broker-dealer and FICC member running a matched book portfolio that provides low cost financing for high-grade security positions and a source of secure short-term investment for its customers’ excess funds. South Street also provides other servicing, collateral management, technology, and administrative services for banks, broker dealers and other capital market participants.

Further information is available at www.southstreetsecurities.com.

About Atlas Merchant Capital LLC

Atlas Merchant Capital LLC was founded to participate in compelling market opportunities in the financial services sector. Based in New York and London, Atlas Merchant Capital was founded by Bob Diamond and David Schamis, who together with their partners form a complementary partnership with extensive operating and investing expertise across the financial services landscape. 

Further information is available at www.atlasmerchantcapital.com.

About Pi Capital International LLC 

Pi Capital provides financial advisory services to corporations, governments and financial sponsors enabling its clients to make and execute the strategic decisions needed for success in domestic and global markets. Pi Capital’s services include advising on mergers and acquisitions, recapitalizations and restructurings, and raising private capital. The firm’s global network of clients and capital providers spans North America, Asia, Latin America and EMEA. Pi Capital’s team consists of experienced international bankers, familiar with cross border complexity and cultural nuances, delivering transaction, sector and product expertise. Pi Capital offers access to alternative investment and non-traditional pools of capital. Today, Pi Capital focuses on the financial institutions, industrials and energy sectors. All regulated activities are conducted through Bradley Woods & Co. Ltd. (member FINRA/SIPC). 

Further information is available at www.picapitalllc.com.

CONTACT:   

Pi Capital International LLC
Steven Carlson
Managing Partner
(914) 772-6245
scarlson@picapitalllc.com

 

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NEW YORK, Sept. 8, 2016 /PRNewswire/ — Pi Capital International LLC has announced it initiated, structured and supported the transaction from inception to closing, acting as financial adviser to First Cash Financial Services, Inc. in its $2.4B merger of equals with Cash America International, Inc.  The closing of the all-stock transaction was effective on September 1, 2016, and the newly named FirstCash, Inc. (“FirstCash”) began trading on the NYSE on September 2, 2016 under the stock symbol “FCFS.”

About FirstCash

With over 2,000 retail and consumer lending locations in the U.S., Mexico, Guatemala and El Salvador. FirstCash is a leading international pawn store operator. FirstCash focuses on serving cash- and credit-constrained customers through its retail pawn locations, which buy and sell a wide variety of jewelry, consumer electronics, power tools, household appliances, sporting goods, musical instruments and other merchandise. The company also makes small consumer pawn loans secured by pledged personal property.

About Pi Capital International LLC 

Pi Capital provides financial advisory services to corporations, governments and financial sponsors enabling its clients to make and execute the strategic decisions needed for success in domestic and global markets. Pi Capital’s services include advising on mergers and acquisitions, recapitalizations and restructurings, and raising private capital. The firm’s global network of clients and capital providers spans North America, Asia, Latin America and EMEA. Pi Capital’s team consists of experienced international bankers, familiar with cross border complexity and cultural nuances, delivering transaction, sector and product expertise. Pi Capital offers access to alternative investment and non-traditional pools of capital. Today, Pi Capital focuses on the financial institutions, industrials and energy sectors. All regulated activities are conducted through Bradley Woods & Co. Ltd. (member FINRA/SIPC). 

Further information on Pi Capital is available at www.picapitalllc.com.

CONTACT:    

Pi Capital International LLC 

Jeffrey W. Smith
Head of Financial Institutions
(347) 774-3154
jsmith@picapitalllc.com

SOURCE Pi Capital International LLC


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