Madison Street Capital is on the Rise as Lawrence Alioto Joins its Capital Markets Team

Madison Street Capital, a leading investment banking firm, named Lawrence Alioto as Capital Markets team’s Managing Director. His role will include giving advisory services to technology clients on corporate finance transactions as well as M&A transactions.

 

 

In a statement, Charles Botchway, Madison Street Capital’s CEO, said that the increased demand from companies in the technology sector raised the need for a person with Lawrence Alioto’s vast technology background. He added that Alioto will play a big role in the firm’s plans to expand to Austin.

 

 

Alioto started off his career at Chicago Mercantile Exchange and later, he moved to PaineWebber in San Francisco. He worked in two technology companies in late 1990s. He co-founded VeriTainer Corporation in 2004, a technology company that specialized on development of scanning systems. He worked in the company for 9 years and part of it as the company’s president.

 

 

Lawrence Alioto developed business interests in medical devices, film production and energy efficient technologies. He financed various businesses in those fields. Currently, he is a member of Kaizen Oil Corp.’s Board of Directors and he is actively involved in the management of the company. Kaizen Oil Corp. uses an asset acquisition model to leverage an advanced oil recovery solution.

 

 

Lawrence Alioto has an extensive experience in finance, corporate development, government affairs as well as business development. He gained the experience and developed a strong expertise on those fields both domestically as well as internationally.

 

 

In a statement, Lawrence Alioto said that he was excited about the opportunity Madison Street Capital gave him. He pointed out that M&A transactions in the tech industry pose new challenges that he is glad to handle. Lawrence Alioto continued to say that the investment banking firm does a good work in providing middle-market firms with an opportunity to grow rapidly and become leading innovators in the technology industry.

 

 

About Madison Street Capital

 

 

Madison Street is a Chicago-based investment banking firm that is dedicated to integrity, excellence and service in providing private equity, M&A, business valuation, venture capital, investment banks, corporate tax planning, financial and investment advisory and capital services to both publicly-held and privately-held companies. It specializes on M&A, Mezzanine capital and financial restructuring. The firm always strives to deliver services to companies that will make them succeed in the global market.

 

 

Madison Street Capital believes in empowering communities it operates in. As it strives to give the best financial services to its clients, it also ventures into philanthropy. Madison Street Capital supports United Way, an international organization which, in partnership with organizations and well-wishers, aims to improve the lives of disadvantaged people and communities. The firm has been in operation for over 13 years and it has built a good reputation over time.

 

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Fortress Investment Group’s New Times Square Project

Fortress Investment Group was the first major private equity firm to become a publicly traded company. The firm, which currently has over $70 billion under management, has a new real estate project in New York’s Times Square. Fortress and its partners recently purchased the Palace Theater as well as the Marriott EDITION, located at 20 Times Square. In order to acquire full ownership, Fortress Investment Group and Maefield Development purchased bought the shares of former partners Howard Lorber, Ian Schrager, Steve Witkoff, and Winthrop Realty Trust at a total property valuation of $1.53 billion.

The new project was dubbed TSX Broadway and will eventually include two hotels, the EDITION as well as the Doubletree Suites, the location of the Palace Theater. The Doubletree is currently being renovated, but insiders believe that the smaller luxury EDITION will be the more elite of the two properties. The project also includes a full renovation of the Palace Theater, which will involve raising the structure almost 30 feet. The larger Doubletree hotel is expected to have around 700 rooms as well as ample meeting and event space. Fortress Investment Group leadership believes that upon completion, the property will see a significant appreciation in value. To know more about the company click here.

Although it is the smaller of the two hotels, the EDITION boasts a 5,000 sq. feet performance venue, a meeting space, as well as industry-standard fitness facilities. In addition, the upscale venue also has a restaurant and beer garden overlooking Times Square. The EDITION also has a large retail area, with the NFL planning a new 25,000 sq. foot retail space at the property.

Fortress was founded in 1998 by Randal Nardone, Wes Edens, and Rob Kauffman. Lehman Brothers and Goldman Sachs handled the investment firm’s historic IPO in 2007. Fortress Investment Group was honored as the Hedge Fund Manager of the Year for 2014, one of many awards the company has received in its short history.

Learn more: https://www.inc.com/profile/fortress-investment-group