Modern Bank: Private Equity and Hedge Funds

A case in point:
Private Equity Partnership Secures Committed Banking Relationship

Expertise > Private Equity and Hedge Funds

Modern Bank's private equity and hedge fund specialists understand the unique needs of financial sponsors, and work closely with them to execute transactions in a timely and responsive manner. Our bankers have significant experience with investment partnerships and can add considerable value to general partners as they manage their fiduciary responsibilities and grow their portfolio companies.

Our bankers work closely with fund managers to streamline cash management, bridge capital calls with lines of credit, address cash flow issues around the timing of management fee income, and structure innovative solutions for general partner buy-in contributions.

Our bankers are not product focused, they are relationship and industry focused. For the specialized financial sponsorship business, Modern Bank can structure the right solutions.

To learn more about our Private Equity and Hedge Fund services, please contact Ron Kantowitz at (212) 323-1150 or rkantowitz@modernbank.com.

Member FDIC - Banking deposits are FDIC insured up to maximum amount allowable by law.
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010 through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.
The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.
For more information about FDIC insurance coverage of transaction accounts, visit www.fdic.gov.