CHATHAM, N.J., Sept. 29, 2011 /PRNewswire/ -- Point Capital Partners, LLC (PCP) announces that Kevin C. O'Connor has joined PCP as a Partner. He will also serve as a Managing Director of Point Capital Markets (PCM), the wholly-owned broker-dealer subsidiary of PCP. Previously, Mr. O'Connor was a Managing Director and Co-Head of Fixed Income at SecondMarket, a SEC-regulated alternative trading system, registered broker dealer and member of FINRA, MSRB and SIPC.
At PCM, Mr. O'Connor will be the Head of Fixed Income. He will be responsible for developing new lines of business for the broker-dealer, including municipal securities sales, trading and underwriting.
Mr. O'Connor, 45, joined SecondMarket in 2008 from JPMorgan Chase & Co., where he started its Auction-Rate Securities (ARS) trading desk in 2000. While at SecondMarket, Mr. O'Connor was responsible for growing an existing ARS business, which brought holders of these now illiquid securities together with new buyers. His industry expertise, coupled with long standing relationships with ARS market participants (corporations, banks, issuers and hedge funds) helped catapult SecondMarket to be the recognized leader in providing liquidity to ARS holders. Previously, Mr. O'Connor held positions at Citigroup and Deutsche Bank.
"Kevin will play an integral role in the growth of Point Capital Markets," said Theodore Williams, Managing Partner and Founder of PCP. "His experience expands our capabilities, and we are excited Kevin has agreed to join us."
About PCP and PCM: Point Capital Partners (www.pointcap.com) is a veteran-owned merchant banking firm formed in 2003. PCP organizes its investment activities into three areas: Private Markets, Public Markets and Capital Markets.
PCP currently manages over 50 different investment entities and funds. One of those entities, which is among the newest within the PCP family, is Point Capital Markets (www.pointcapmarkets.com), a FINRA registered broker / dealer. Although PCM currently represents a very minor part of PCP's activities, operations and revenues, the division donates 10% of every trading commission to military / veteran-oriented charities. PCM recognizes and salutes our veterans for their service. We are honored to provide financial support to non-profit organizations whose mission is to help veterans, military personnel and/or their families.
CONTACT: Sue Harvey, +1-646-837-0621
SOURCE Point Capital Partners, LLC