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Berman to Head First Venture Investment Research Team.


Business Editors

SAN DIEGO--(BUSINESS WIRE)--Jan. 10, 2000

A former Olympic Capital Group investment analyst will lead First Venture Associates' investment research team as the rapidly emerging company prepares to expand its client base in the new year.

Bradley Berman, who began his career in business law in Cape Town Cape Town or Capetown, city (1991 pop. 854,616), legislative capital of South Africa and capital of Western Cape, a port on the Atlantic Ocean. It was the capital of Cape Province before that province's subdivision in 1994. , South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , joins the Mission Valley based venture capital company after extensive investment experience at Olympic Capital Group and Paine Webber Paine Webber and Company was an American stock brokerage firm that was acquired by the Swiss bank UBS AG in 2000. The company was founded in 1880 in Boston, Massachusetts, by William Alfred Paine and Wallace G. Webber. , New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
.

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 First Venture President, Charles Blevins, even though the company has owned its charter just six months, the appointment illustrates the company's top-shelf professionalism through its ability to recruit established and respected investment executives.

"Although our company appears to be in its formative stages, our staff reads like a 'Who's Who' of finance professionals," said Blevins. "We knew the level of expertise we were going to need at the outset to have an attractive and successful venture capital team. Mr. Berman's presence further demonstrates that we have, in fact, achieved that level."

First Venture Associates has nearly doubled its client base since July of last year and continues to grow steadily. Currently, FVA's list of client companies includes Presto Telecommunications Inc., and Pinnacle Group Holdings Inc.

First Venture Associates www.first-venture.com assists domestic companies by structuring and arranging public and private financing, ranging in scope from less than $1 million to more than $100 million. In addition, the company coordinates offerings of common and preferred stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders.

Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate.
, convertible debt, high-yield debt instruments, bonds, warrants and options.
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Publication:Business Wire
Date:Jan 10, 2000
Words:251
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