Fri, Sep 19, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Richard O'Toole joins board of Montello

Monday, May 09, 2011
London based real estate bridging financier Montello Bridging Finance (“Montello”) has announced the appointment of former Goldman Sachs Managing Director, Richard O’Toole, to its board of directors. Mr O’Toole brings with him many years of experience in the areas of regulation, international trade and financial services.

In the public sector, Mr O’Toole held various diplomatic posts at the Irish Department of Foreign Affairs. He has also served in various international posts as Special Assistant to the Executive Director of the International Energy Agency of the OECD, as Chef de Cabinet in the European Commission and as Assistant Director General of the World Trade Organisation.

In the private sector, Mr O’Toole was a Managing Director at Goldman Sachs. He previously served in senior management or Board level positions at a number of companies including aviation leasing company GPA Group, international engineering group ABB, Esat Telecom of Ireland, Portugal’s SonaeCom, and Hutchison Whampoa Europe Limited. As a Board member, he has had active roles on both nomination and audit committees.

Mr O’Toole is currently a non-executive Director of Goldman Sachs Bank Europe plc. Montello managing director, Christian Faes, commented: “We are very excited to have someone of Richard’s calibre and experience join our team at Montello. Richard and the team’s individual professional backgrounds set Montello very far apart from its peers in this space.”

“I’m very much looking forward to playing a part in assisting with the strategic direction of the Montello brand and helping the company solidify the huge success it has already achieved” said Mr O’Toole. “At a time when retail finance is in limited supply, the Montello directors have found a niche where they can provide entrepreneurs with much needed bridge loan finance whilst also providing investors with a superior risk adjusted return.

“I look forward to being part of the Montello team and helping with the growth of the business.”

Source

Press Release
bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  3. Institutions - North Carolina workers call on state pension to dump up to $6bn in hedge funds, UK pension fund criticizes hedge fund fees[more]

    North Carolina workers call on state pension to dump up to $6bn in hedge funds From Forbes.com: The State Employees Association of North Carolina this afternoon called on state Treasurer Janet Cowell to withdraw all investments in hedge funds, which appear to amount to approximately $6 b

  4. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e

  5. Institutions - Adviser's faith in hedge funds unshaken by CalPERS' move Advisers weigh in on CalPERS’ decision, Gina Raimondo sees no reason to follow California’s lead, exit hedge funds, Danish pension funds step up 'alternative investments'[more]

    Adviser's faith in hedge funds unshaken by CalPERS' move From WSJ.com: Financial advisers who use hedge funds in their clients' portfolios say they aren't rethinking that approach after a huge California pension fund announced plans to exit the hedge-fund market. The decision by the Cali