Tag Archives: technology

Ervin Johnson Investment Fund

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Over the past 20 years, however, Johnson has proven he has the acumen for more than hoops.

Beverly Hills, Calif.-based Magic Johnson Enterprises now owns or operates gyms, Starbucks coffee shops, Burger Kings, movie theaters and other businesses in 85 cities across 21 states. His Canyon-Johnson Investment Fund has been behind nearly $4 billion in urban revitalization projects that resulted in the creation of 4.5 million square feet of retail and commercial space.

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John Thompson Chairman of Microsoft

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John W. Thompson joined the Microsoft Board in February 2012 and became independent chairman of Microsoft Corporation on Feb. 4, 2014.

Thompson is the chief executive officer of privately held Virtual Instruments, whose products are designed to ensure the performance and availability of applications deployed in virtualized and private cloud computing environments. Thompson is also the former chairman and CEO of Symantec Corp.

Since 2009, Thompson has been an active investor in early-stage technology companies in Silicon Valley.
During his 10-year tenure as CEO of Symantec.

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The Richest Black Woman In The World, Folorunsho Alakija

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VENTURES AFRICA/Africa’s Secret Millionaires – Move over, Oprah – there is a new richest black woman in the world. And she’s Nigerian.

Meet Folorunsho Alakija, a Nigerian billionaire oil tycoon, Fashion designer and philanthropist who is worth at least $3.3 billion- contrary to a recent Forbes Magazine ranking which pegs her net worth at only $600 million.

Alakija, 61, was born into a wealthy, polygamous Nigerian family. She started out her professional career in the mid 70s as a secretary at the now defunct International Merchant Bank of Nigeria, one of the country’s earliest investment banks. In the early 80s, Alakija quit her job and went on to study Fashion design in England, returning to Nigeria shortly afterwards to start Supreme Stitches, a premium Nigerian fashion label which catered exclusively to upscale clientele.

The business thrived, and Alakija quickly made a tidy fortune selling high-end Nigerian clothing to fashionable wives of military bigwigs and society women.

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David Drummond Chairman Google Capital

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David Drummond currently serves as senior vice president of corporate development for Alphabet. He previously served as senior vice president of corporate development and chief legal officer of Google. He joined Google in 2002 and led global teams for legal, public policy, communications, corporate development/mergers and acquisitions, and product quality operations.

He also serves as chairman of Google’s investment arms, Google Ventures and Google Capital. David was first introduced to Google in 1998 as a partner in the corporate transactions group at Wilson Sonsini Goodrich and Rosati, one of the nation’s leading law firms representing technology businesses. He served as Google’s first outside counsel and worked with Larry Page and Sergey Brin to incorporate the company and secure its initial rounds of financing. David earned his bachelor’s degree in history from Santa Clara University and his J.D. from Stanford Law School. He serves on the board of directors of Uber Technologies, Inc., KKR & Co. L.P., and Rocket Lawyer Inc.

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Kenneth Chenault: CEO American Express

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Kenneth Irvine Chenault (born June 2, 1951) is an American business executive. He has been the CEO and Chairman of American Express since 2001.[1][2] He is the third African-American CEO of a Fortune 500 company.While CEO of American Express in 2007, Chenault earned a total compensation of $50,126,585.

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Merrill Lynch: Willie Thomas named San Francisco complex director

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Bank of America’s brokerage unit Merrill Lynch said it appointed former professional football player Willie Thomas as complex director at its San Francisco office.

Thomas, who has more than 20 years of financial experience, will lead about 160 financial advisers working with wealth management clients in the San Francisco Bay area. (Reporting by Anya George Tharakan; Editing by Siddharth Cavale)

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Loop Capitol CEO James Reynolds

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James Reynolds, Jr., CFA
Chairman and Chief Executive Officer

James Reynolds, Jr. is founder, Chairman and Chief Executive Officer of Loop Capital. Mr. Reynolds, along with Albert R. Grace, Jr., founded Loop Capital in 1997 with a simple motto as a guide: “To provide client service beyond expectations.” The motto still serves as the foundational driving force of the firm.

Mr. Reynolds currently oversees all aspects of Loop Capital, including investment banking, brokerage and financial advisory services.

Mr. Reynolds has worked in the financial services industry for more than 27 years. Early in his career, Mr. Reynolds established and headed the Midwest Municipal Bond Sales Desk at PaineWebber. Subsequently, Mr. Reynolds joined the Corporate and Institutional Client Group at Merrill Lynch where he managed the municipal sales team responsible for the distribution of all tax-exempt products to institutions in the Midwest. In 1997, Mr. Reynolds collaborated with Albert R. Grace, Jr. to form Loop Capital Markets, where he has led the firm to becoming the largest minority-owned financial services firm and one of the largest privately-held investment banks in the United States. Mr. Reynolds is a CFA charterholder and is a member of the CFA Institute.

Mr. Reynolds strongly believes that successful executives have a responsibility to give back to the community. He currently serves on the boards of buildOn, Chicago United, Skills for Chicagoland’s Future and The University of Chicago Medical Center. Additionally, Mr. Reynolds serves as Vice-Chair of the board for the Chicago Urban League and is a member of the Advisory Board of the Levy Institute/ Kellogg School of Management at Northwestern University. Previously, he was appointed by the Governor to sit on the board of the Illinois Economic Recovery Commission in 2009, and was appointed to serve on the boards of World Business Chicago and the Illinois Sports Facilities Authority by the Mayor in 2011.

Mr. Reynolds holds a Masters of Management in Finance from Northwestern University’s Kellogg Graduate School of Management and a Bachelor of Arts in Political Science from the University of Wisconsin, La Crosse. He holds series 7, 24, 53 and 63 licenses.

Loop Capital’s latest transaction highlights

Loop Capital Serves as Co-Manager on Wal-Mart’s $5 billion Senior Debt Offering / April 4th, 2013

Wal-Mart, the world’s largest retailer, hit the market with a $5 billion four-part offering that included $1 billion of 3-year, $1.25 billion of 5-year, $1.75 billion of 10-year and $1.0 billion of 30-year senior notes.

Loop Capital Serves as Co-Manager on Everglades Re’s $250 million Class A Principal-at-Risk Variable Rate Notes
March 25th, 2013

Everglades Re, a licensed special purpose insurer, followed up on its inaugural hurricane catastrophe bond offering last year, a $750 million 2-year offering – the largest single tranche CAT bond ever done − by issuing another $250 million of CAT bonds to further enhance and reinsure its surplus.

Loop Capital Serves as Co-Manager on PepsiCo’s $2.5 billion Senior Debt Offering

February 25th, 2013

PepsiCo Inc. hit the market with a three-part offering that included $625 million each 3-year fixed and floating rate notes and $1.25 billion of 10-year fixed-rate notes.

Loop Capital Serves as Co-Manager on Zoetis $2.6 billion Initial Public Offering

January 31st, 2013

Pfizer’s former animal health subsidiary, Zoetis, raised $2.6 billion in its initial public offering on January 31, 2013, becoming the largest IPO by a U.S. company since Facebook in May 2012, and the largest carve-out to list on a U.S. exchange in over five years.

Verizon Wireless Announces Sale of Spectrum for $2.1 billion

January 25th, 2013

On January 25, 2013, Verizon Wireless announced that it had signed agreements to complete a number of spectrum license transactions, including sales of licenses to AT&T and Grain Management, a Sarasota, Florida-based private equity firm that invests in the telecommunications sector.

Loop Capital Serves as Senior Manager on $126.2 million offering by the Triborough Bridge and Tunnel Authority

November 23rd, 2012

Loop Capital Markets successfully priced and sold $126,230,000 of The Triborough Bridge and Tunnel Authority’s (“TBTA” or the “Authority”) General Revenue Bonds on November 5-6, 2012, despite the widespread property damage and unprecedented interruption to financial market operations caused by Hurricane Sandy during the prior week.

Loop Capital Serves as Co-Manager on Wal-Mart’s $5 billion Senior Debt Offering
April 4th, 2013

Wal-Mart, the world’s largest retailer, hit the market with a $5 billion four-part offering that included $1 billion of 3-year, $1.25 billion of 5-year, $1.75 billion of 10-year and $1.0 billion of 30-year senior notes.

Loop Capital Serves as Co-Manager on Everglades Re’s $250 million Class A Principal-at-Risk Variable Rate Notes

March 25th, 2013

Everglades Re, a licensed special purpose insurer, followed up on its inaugural hurricane catastrophe bond offering last year, a $750 million 2-year offering – the largest single tranche CAT bond ever done − by issuing another $250 million of CAT bonds to further enhance and reinsure its surplus.

Loop Capital Serves as Co-Manager on PepsiCo’s $2.5 billion Senior Debt Offering

February 25th, 2013

PepsiCo Inc. hit the market with a three-part offering that included $625 million each 3-year fixed and floating rate notes and $1.25 billion of 10-year fixed-rate notes.
Loop Capital Serves as Co-Manager on Zoetis $2.6 billion Initial Public Offering

January 31st, 2013

Pfizer’s former animal health subsidiary, Zoetis, raised $2.6 billion in its initial public offering on January 31, 2013, becoming the largest IPO by a U.S. company since Facebook in May 2012, and the largest carve-out to list on a U.S. exchange in over five years.

Verizon Wireless Announces Sale of Spectrum for $2.1 billion
January 25th, 2013

On January 25, 2013, Verizon Wireless announced that it had signed agreements to complete a number of spectrum license transactions, including sales of licenses to AT&T and Grain Management, a Sarasota, Florida-based private equity firm that invests in the telecommunications sector.

Loop Capital Serves as Senior Manager on $126.2 million offering by the Triborough Bridge and Tunnel Authority

November 23rd, 2012

Loop Capital Markets successfully priced and sold $126,230,000 of The Triborough Bridge and Tunnel Authority’s (“TBTA” or the “Authority”) General Revenue Bonds on November 5-6, 2012, despite the widespread property damage and unprecedented interruption to financial market operations caused by Hurricane Sandy during the prior week.

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