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Guvera Limited Appoints Russell Beer as Head of Global Finance


News provided by

Guvera Limited

May 11, 2010, 09:00 ET

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NEW YORK, May 11 /PRNewswire/ -- Guvera Limited, a search website for "free but paid for" music and digital content provided by brands, announced the appointment of Russell Beer as its Head of Global Finance working out of the New York office.  Russell brings over 20 years of experience in banking and finance, which includes work raising private equity and investment banking advisory.  His investment banking experience entails over $14 billion dollars of transactions in over a dozen countries.  In addition to M&A and private equity deals, Russell has successfully concluded recent transactions in the public debt and equity markets in the US.

Russell will work to optimize the firm's value by developing a sound strategy to meet Guvera's financial needs and exponential growth.  Russell is working with strategic and institutional investors and advisers to find new ways to grow and fund the firm's business.

Previously, Russell was a Director of Investment Banking at Royal Bank of Canada Capital Markets where he originated and executed transactions raising private equity as well as in the public equity and debt capital markets.  He also worked for many years as a Principal at Babcock & Brown in the New York, San Francisco and Tokyo offices.  At Babcock & Brown Russell was responsible for domestic and cross-border financings in a variety of industries including originating and closing transactions in the media and telecom sectors.

"Russell Beer is an extraordinary talent in the finance arena and we are pleased to have him on board as we expand our business globally," said Claes Loberg, CEO and Founder of Guvera.

Additionally, Russell held senior positions as Executive Director and Senior Vice President at Urdang a private equity opportunity fund, GE Capital and the then investment banking arm of Canadian Imperial Bank of Commerce - Wood Gundy.  

About Guvera Limited

Guvera USA, Inc is a music and content download system designed in Australia, founded in 2008. Guvera provides a way for content owners such as artists and record labels to generate revenue from their music, making it readily available and 100% free and legal to consumers. Content is paid for by advertisers looking to target consumers in a revolutionary way with branded channels.  The company's consumer facing website is www.guvera.com. Visit www.guveralimited.com for a presentation for advertisers and agencies.

SOURCE Guvera Limited

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