LOS ANGELES, March 8, 2017 /PRNewswire/ -- MJC Partners (MJCP), a Los Angeles based M&A and financial advisory firm focused on the financial services sector, is pleased to announce the appointment of Carlton J. Jenkins as President in its Financial Services Group. Mr. Jenkins will assist the firm's leadership in providing oversight and ongoing strategic direction as MJC grows its team and verticals. Mr. Jenkins will also provide support to the firms growing Sports & Entertainment and Wealth Management Groups. Michael J. Cavallaro will continue to serve as the firm's Chief Executive Officer.
Mr. Jenkins served for over 15 years as a Partner with The Yucaipa Companies, a Private Equity and Investment firm located in Los Angeles. Prior to his role at The Yucaipa Companies, Mr. Jenkins was a Founder, President and CEO of Founders National Bank of Los Angeles, which opened in the early 90's as the second African American owned and managed commercial bank ever to be headquartered in Los Angeles, California.
"I am very excited to have Carlton on board as President of MJC Partners. This is a significant hire for us as we are committed to developing all sectors of MJC Partners and our affiliate company, MJC Sports & Entertainment. Carlton's experience and knowledge of the financial services sector and asset management will be an infinite asset to us in achieving this goal," said Cavallaro.
"Recognizing our common vision has played a monumental role in Carlton joining the MJC family. Particularly our shared commitment to leverage our resources to help those less fortunate by serving the communities and individuals in need. As we work together to make a significant positive impact, I am very excited to have Carlton's expertise and passion to assist in implementing those goals as a Company."
Most recently, Mr. Jenkins was responsible for oversight and co-management of Investment activities in The Yucaipa Companies "Corporate Initiative Fund," a series of Private Equity investment funds focused on investing in America's underserved and emerging markets.
"I've had the opportunity to witness the exceptional growth of MJC Partners and I am thrilled to have the opportunity to work on the frontlines with an exceptionally talented investment banking group. I'm looking forward to using the experience I've gained over the course of my career to contribute to the core growth and continuing success of MJC Partners," said Jenkins.
Mr. Jenkins has extensive Corporate Board, Non-profit organization and community group involvements both locally and nationally, including his current role as Chairman of the Board of Trustees of the National Community Investment Fund, the country's largest nonprofit investor in Community Development Financial Institutions.
Mr. Jenkins will be based in the firm's Downtown Los Angeles, CA office.
ABOUT MJC PARTNERS
MJC Partners, LLC ("MJCP") is an independent investment banking firm that specializes in advising financial institutions with a specialization in community banks across the country. Since its founding, MJCP has quickly become a leading investment bank for financial institutions in the Western United States. MJC Partners was founded on the principal of providing independent and sound advice to its clients without bias. As an independent firm, we focus on building long term relationships that are mutually beneficial. Our character, values, and unparalleled commitment to our clients is evident in our sound advice and operations. We seek to clearly understand the strategic goals and direction of our clients to best serve their needs. MJC Partners offers the highest level of personal attention, as well as the benefit of our many years of experience to bring transactions to successful consummation.
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ABOUT MJC SPORTS & ENTERTAINMENT
MJC Sports & Entertainment ("MJCSE") is a sports & entertainment marketing and public relations Company specializing in branding, sponsorships and endorsement acquisition, as well as social media optimization. We work with professional athletes and entertainers to manage their marketing and public relations efforts. The team at MJCSE has a deep network of relationships across the board in both the sports and entertainment arenas as well as a level of expertise within those fields that is unparalleled to our competitors. With over 40+ years of combined experience in marketing, PR, and branding, MJCSE is dedicated to providing the best-in-class across the board.
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SOURCE MJC Partners