MANHATTAN BEACH, Calif., Jan. 24, 2017 /PRNewswire/ -- Manhattan West Asset Management announced today that OC Isaac, formerly of VEDC (Valley Economic Development Corp), joins the firm as Shareholder and Managing Director. The arrival of OC Isaac marks the reunion of the former President of VEDC with former key members of VEDC's executive and credit management team as the company also added Angela Stanislawski, former V.P. of Operations, Nilima Kapoor, former Director of Special Assets and Michael Oberlitner, former VEDC Chief Credit Officer.
As a member of VEDC's Executive Management Team, Mr. Isaac was the head of East Coast operations and National Strategic Initiatives. Based in New York City, he oversaw capital raising and deployment on behalf of financial institutions that included Goldman Sachs, JP Morgan Chase, UBS and Bank of America. Prior to VEDC, Mr. Isaac held a similar position with the New York Business Development Company (NYBDC). Mr. Isaac was formerly a Special Advisor to the United States Small Business Administration (SBA), appointed by former President Barack Obama, where he designed and relaunched the SBA Small Loan Advantage and Community Advantage Loan Programs.
"Reuniting with Roberto Barragan, the former VEDC President, is especially exciting to me. Knowing that we will continue to deliver the acutely focused CRA investment opportunities for the communities we serve gives me tremendous satisfaction," said Isaac. "My relationships with our New York and east coast based institutional funding partners will allow our team at Manhattan West to deliver a robust private equity solution that many of our bank and insurance companies seek."
"OC's reputation and contributions to the African American small business community across the country make him an invaluable addition to our team," said Roberto Barragan, Senior Managing Director at Manhattan West. "Our new team at Manhattan West has collectively sourced, originated and closed over 800 small business loan transactions since 1998. Angela, Mike, Nilima, OC and I have worked together for many years and I'm elated to have this team reunited on this new platform continuing to make impactful small business loans. We are poised for explosive growth and success in 2017."
Manhattan West recently launched the Manhattan West Community Investment Fund I, a private debt Fund focused on social impact investing. The Fund invests in private credit transactions ranging in size from $500,000 to $2,000,000 with full documentation and institutional quality underwriting. Investments in loans are made to minority-owned, small businesses that are at least 50 percent African-American, Latino or women-owned to address the capital access disparities in North America.
Manhattan West is a Latino owned financial service firm, one of the few in the country providing full service investment management for private clients and institutions. For more information about Manhattan West Asset Management, our experience and values, please visit: www.mwestasset.com
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About Manhattan West Asset Management
Manhattan West Asset Management is an independent Registered Investment Adviser headquartered in Manhattan Beach, CA. The firm provides exceptional client service for ultra-high net worth and institutional investors. Well known individuals from the world of business, sports, music and entertainment as well as public and private pension funds, endowments, and foundations trust Manhattan West with their investment capital. The firm is a Latino owned full service investment platform led by Lorenzo Esparza, veteran financial service professional. For more information, visit: www.mwestasset.com.
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SOURCE Manhattan West Asset Management