ROWAYTON, Conn., May 22, 2017 /PRNewswire/ — Eaton Partners, one of the world’s largest placement agents and advisory firms and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), is pleased to have served as one of the select placement agents for Fundamental Partners III LP (“FP III”), managed by New York based alternative investment firm Fundamental Advisors, which has closed on a total of $993 million of commitments.
FP III will invest in a range of distressed assets, both debt and equity, in the municipal marketplace. Since its founding in 2007, Fundamental Advisors has become one of the largest alternative asset managers investing in special situation opportunities related to public purpose and community assets. The firm is led by Laurence Gottlieb, a former Co-head of Citigroup’s Municipal Distressed & Special Situations Proprietary Trading Desk, and an experienced team of professionals with deep experience in municipal finance.
“FP III has a compelling control-oriented investment strategy targeting consistent income and downside protection with equity-like upside that was in high demand from Institutional investors,” said Peter Martenson, Partner at Eaton Partners.
“Fundamental Advisors has a long-track record of sourcing complex and idiosyncratic deals through the municipal market, an underappreciated area that has little competition amongst alternative investment managers. We were proud to partner with Fundamental Advisors during this fundraise and want to wish them a hearty congratulations on such a successful fundraise,” said Eric Deyle, Director at Eaton Partners.
About Eaton Partners, LLC
With over 65 professionals across seven (7) offices in North America, Europe, and Asia, Eaton Partners is widely recognized as one of the largest and most experienced global placement agents. Since 1983, the firm has participated in raising over $75 billion of institutional capital across more than 100 highly differentiated alternative investment funds and offerings, including limited partnership interests, general partner interests, co-investments and direct investment opportunities. In January 2016, Eaton Partners became a wholly owned subsidiary and affiliate of Stifel Financial Corp., a leading middle-market investment bank, to further ensure Eaton’s success at the highest level of the global placement business.
Eaton Partners, LLC, is a registered broker-dealer and a member of FINRA. It is registered as an Introducing Broker with the Commodity Futures Trading Commission and is a member of the National Futures Association (NFA). Eaton Partners (UK) LLP is authorized and regulated by the Financial Conduct Authority (FCA). Eaton Partners Advisors (HK) Limited is approved as a Type 1 License company under the Securities and Futures Commission (SFC) in Hong Kong. Eaton Partners and the Eaton partners logo are trademarks of Eaton Partners, LLC, a limited liability company ® Eaton Partners, LLC, 2017. Eaton Partners, LLC is a wholly owned subsidiary and affiliate of Stifel Financial Corp.
Stifel Company Information
Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated; Keefe Bruyette & Woods, Inc.; Miller Buckfire & Co., LLC; Century Securities Associates, Inc.; and Eaton Partners, LLC, and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank & Trust offers a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about Stifel, please visit the Company’s web site at www.stifel.com.
About Fundamental Advisors
Fundamental Advisors is a leading alternative asset manager dedicated to the municipal markets. Founded in 2007, the firm is focused on targeting control oriented investments in stressed and distressed assets or securities, financing the development or revitalization of public purpose assets, or acquiring undervalued securities in the secondary market. Fundamental invests through a range of vehicles that capitalize on the growing opportunity set in the municipal market. For more information, please visit www.fundamentaladvisorslp.com.