Banker launches new investment firm geared to retail.MARK Albert, a longtime investment banker in Los Angeles, has formed a new investment bank with former Starbucks executive Arthur Rubinfeld. AV Capital, based in Los Angeles, will make direct investments of between $2 million and $20 million in emerging consumer-products and retail companies. It is a subsidiary of Seattle-based Airvision, a brand-positioning and strategic growth planning firm formed by Rubinfeld in 2002. "We're looking for companies that touch the consumer and could be a platform for digital distribution," said Albert. The company will provide capital raising and merger advice to clients through AV Advisory LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . Albert is well known in investment banking circles in Los Angeles. He has worked at 14 investment banks over the past 17 years, from the old Drexel Burnham Lambert Drexel Burnham Lambert was a major Wall Street investment banking firm, which first rose to prominence and then was driven into bankruptcy in the 1980s by its involvement in illegal activities in the junk bond market, driven by Drexel employee Michael Milken. to recent positions at Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. and most recently CIBC World Markets CIBC World Markets is the investment banking division of the Canadian Imperial Bank of Commerce. It helps governments, large companies, and other large institutions obtain capital and credit and is a primary dealer in U.S. Treasury securities. . He has played a role in transactions involving consumer products and retail companies such as Del Monte Foods Del Monte Foods (NYSE: DLM) is an American food production and distribution company based in San Francisco, California. It offers canned goods in Del Monte, S&W and Contadina brands, pet foods under Kibbles n' Bits, 9Lives, Pounce, Milk-Bone and several premium brands, , Hain Food Group, Mattel Inc., Miramax Films, Petco Animal Supplies and Samsonite, and worked with clients including Apollo Advisors, Brentwood Associates, Leonard Green & Partners and Texas Pacific Group. Airvision helps companies create a strategic growth plan by identifying store locations, creating designs or coming up with new products. Clients include Adidas, Gateway computers, Il Fornaio restaurants, Potbelly Sandwich Works Potbelly Sandwich Works is a chain of restaurants that sells submarine sandwiches in the USA. Its name is derived from potbelly stoves common in the late 19th century. The company is headquartered in the tower of Chicago's Merchandise Mart. , Oakley, Omaha Steaks, Sam Goody and Washington Mutual. Airvision recently took an equity stake in Shared Media Licensing Inc., the creator of Weed, a file-sharing program for downloading music and digital content from the Internet. "We take an idea from conception and work with a company through the growth process to the endgame," said Rubinfeld. |
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