Yorkville Advisors, LLC is a privately owned and operated hedge fund sponsor that was founded in 2001. It is located at 1012 Springfield Avenue in New Jersey. The firm specializes in providing strategic financial solutions to clients. Areas of expertise include: public equity, fixed income, and alternative investment markets across the glove. It seeks to utilize special solutions and growth strategies to exceed customer expectations.
The firm employees a combination of technical and fundamental analysis to create its investment portfolios. While their main office is in New Jersey, Yorkville Advisors also has offices in Pam Beach Gardens, Florida, Denver, Colorado, Milan, Italy and Hong Kong.
Yorkville Advisors Investment Strategy
Yorkville Advisors specialize in PIPES. A private investment in public equity, often called a PIPE deal, involves the selling of publicly traded common shares or some form of preferred stock or convertible security to private investors. It is an allocation of shares in a public company not through a public offering in a stock exchange.
Some of the investments made recently by Yorkville include Kuros, which agreed to a Standby Equity Distribution Agreement with Yorkville providing equity financing over three years for up to 30 million Swiss francs and shares will be discounted at 5% to market price.
Also EZTD Inc. (OTCMKTS: EZTD) will have several million dollars from the global arm for investments once their deal is closed with Yorkville. It should be noted that as part of that deal, the head of EZTD was required to reinvest $500,000 more of his personal funds in the business as well as return a large portion of bonus money he received while the company was losing money. Just a bit of required clean up being done on the part of Yorkville to move the company back out of the red zone.
Yorkville Advisors Leadership
Mark Angelo – President
Mark Angelo operates as the President and portfolio manager for investments made by the fund and has seen more than 500 financial transactions during his time with Yorkville Advisors. He also works with business development, trading, investment decisions, and deal structuring – mainly keeping a focus on growing investor’s holdings while keeping the type of investing to companies with low volatility. He has often been called on by media giants to advise and opine about financial issues.
Mark Angelo graduated from Rutgers College with a BA in Economics. He gained experience and expertise while working as a broker-dealer in New York, a securities trader at The Boston Group LP, and he was the leader of the corporate finance divisions of May Davis Group – a specialized investment bank working with emerging growth companies. Mark Angelo is joined by colleague Edward Schinik.
Edward Schinik – Chief Financial Officer and Chief Operating Officer
Edward Schinik is the Chief Financial Officer and Chief Operating Officer at Yorkville Advisors, LLC. Edward joined the firm as the CFO in December 2005, and is based out of the New Jersey office. He background in finance and business plays a critical role at the firm. His background also includes being the COO at Mellon HBV Alternative Strategies, where he worked since Febuary 1999.
Prior to that, he was the Vice President of Portfolio Reporting and Partnership Accounting at DLJ Investment Manager Services. His career started at Goldstein Golub Kessler Company, and played a vital part in performing audits of investment partnerships. He is a qualified C.P.A and holds a B.A. in Accounting from queens College, City University of New York.