NEW YORK, Feb. 9 /PRNewswire/ -- 787 Capital Group LLC announces the hiring of Dr. Craig A. Zabala as Managing Director.  Dr. Zabala will be responsible for building 787 Capital's investment banking advisory and merchant banking businesses in the U.S. and globally, with special focus on Europe and Asia.  He will also assist 787 Capital in acquiring assets and building the firm's client base of qualified institutional buyers and ultra-high net worth family offices and individuals.

Dr. Zabala will continue his stewardship of The Concorde Group, Inc. and its affiliated companies as its Chairman and CEO.  787 Capital is sponsoring The Concorde Group in its funding activities and intends to work strategically with Concorde and its affiliates as Concorde continues the expansion of its middle market financial services businesses.

787 Capital Group LLC is a privately-held, financial firm primarily focused on financial, strategic and restructuring advisory services and merchant banking and private equity transactions.  It is headed by former Governor of New York State, Mario Cuomo, Chairman of 787 Capital Group LLC.

Daniel D. Rubino, 787 Capital's Chief Executive Officer, stated, "We are very pleased to have Dr. Zabala associated with 787 Capital.  We have known Dr. Zabala for many years and look forward to his involvement in expanding our U.S., European and Asian investment banking and merchant banking businesses, a major strategic initiative for us.  787 Capital is building an investment banking advisory and merchant banking business to support entrepreneurial firms, the foundation of  job growth in the global economy.   Dr. Zabala is a key addition to our excellent team of professionals."  

SOURCE 787 Capital Group LLC