NEW YORK, Jan. 31, 2012 /PRNewswire/ -- The Williams Capital Group, L.P., a leading boutique investment bank announced today that it has added a new division, Eland Capital, to address structured finance opportunities for corporate, federal, state and local government clients. Eland Capital is led by William Lighten, who has over 20 years of Wall Street experience and has held a number of key leadership positions within Lehman Brothers' securitization and mortgage businesses, including global head of Structured Finance and global head of the Mortgage Capital Division.
"Against the backdrop of distressed housing, mortgage and consumer-ABS markets over the last few years, the currently improving economic conditions will create interesting opportunities for our clients," says William Lighten.
The Eland Capital's additional principals are comprised of seven seasoned finance and research professionals - Nadja Fidelia, Damian Harbutt, Vinay Karle, Prafulla Nabar, Gopalkrishna Rajagopal, Nelson Soares and Samir Tabet - with an average of 20+ years management and product experience in Fixed Income and Structured Finance areas such as: ABS/RMBS Finance, and related Quantitative Research, Mortgage Loan Origination, Fixed Income Sales and Trading as well as Equity, Equity Derivatives and Fixed Income Quantitative Research and Analytics. Eland Capital will focus on a broad array of asset and mortgage finance opportunities including securitization, whole loan dispositions as well as asset valuation and advisory services. Additionally, Eland Capital will leverage its quantitative research capabilities to provide portfolio analysis and asset management services.
"We are delighted to expand our capabilities with the addition of the highly talented Eland Capital structured finance team to our banking, trading and research operations within Fixed Income," says Christopher Williams, Chairman and Chief Executive Officer of The Williams Capital Group, L.P. "The Eland team, consisting of professionals that rank among the best in the industry, puts us in a strong position to service our clients across these markets."
About The Williams Capital Group, L.P.
Established in January 1994, Williams Capital provides a full range of investment banking and underwriting services to a wide range of clients including governments, municipalities and corporations. The Firm, headquartered in New York, maintains 7 offices nationally. Through its wholly owned registered investment adviser subsidiary, the firm also manages a variety of investment grade and below investment grade fixed income strategies for a variety of institutional clients. For more information, visit http://www.willcap.com.
SOURCE The Williams Capital Group, L.P.