AI Magazine Issue 10 2018

Acquisition International - Issue 10 2018 41 Extraordinary Achievements out three new strategies in 2018 through vehicles aimed at capturing the domestic US investor, as well as the offshore marketplace. Prudent Mezzanine Fund: As Brazil emerges from the worst recession in its history, many companies have been adversely affected. The Prudent Mezzanine Fund will provide both working capital and operational expertise with the opportunity to participate in the equity upside of portfolio companies as they re- establish themselves in the marketplace and bring their operations back to, or even beyond, previous levels. Prudent Payment Processing Fund: Currently merchants (stores, service providers, etc.) wait 30 to 45 days to receive payment from a credit card transaction, creating a significant strain on their working capital position. The Prudent Payment Processing Fund aims to streamline these inefficiencies by advancing funds to merchants to bridge the gap between their customer’s transactions and the merchant being reimbursed. Prudent North American Opportunity Fund: Given Prudent’s significant direct lending experience in its existing fund vehicles, North America presented a logical expansion of its fund business. Prudent has identified multiple borrowers that have existing financing needs for planned growth within North America. Financing for businesses in three distinct sectors that offered realizable collateral – such as earned receivables with end payors that have strong credit quality. With these additional products and a fully staffed team in Brazil, Prudent Group is now ready and looking forward to the next phase of their expansion. To effectively service the new offerings, Prudent has substantially expanded their Investor Relations Team through the addition of several seasoned and accomplished professionals. This dedicated team aims is to effectuate the operations necessary for the new offerings, in addition to supporting the needs of current and new investors as they become part of the Prudent family. The Investor Relations Team is led by two individuals who will utilize their distinct experience to offer unparalleled expertise and service to the firm’s investors. The first of these is Rob Jurgens, a seasoned finance professional having worked both in the United States and internationally in Senior Management positions at many major financial institutions. Most recently, Mr. Jurgens worked with UBS as a portfolio manager for foundations, UHNW individuals, and family offices. Prior to that, he held Senior Management positions at Morgan Stanley, Thompson, Siegal & Walmsley, Jacobs Asset Management, Nomura, and AIG. He is supported by Michael Mahar, who brings over 10 years of professional experience including fixed income trading and business development. Most recently, he was with Brevet Capital in New York, an alternative credit manager, where his primary responsibilities were fundraising and investor relations for global asset managers, pension funds, endowments, and large family offices. Mr. Mahar has mainly held roles assisting in the development of new business and ongoing client interfacing. He holds a degree in Business Administration with a focus on Finance and Management fromGeorgetown University. Together Mr. Jurgens, Mr. Mahar, the Investor Relations Team and the existing infrastructure at Prudent are excited for this next chapter in their growth, and are looking forward to continuing the success they have experienced since inception.