TCA Global Fund Management Group Engages Foodman, CPAS & Advisors
Added: (Mon Jan 30 2012)
Pressbox (Press Release) -
TCA Global Fund Management Group Engages Foodman, CPAS & Advisors, to provide loan and collateral compliance reviews.
(LONDON – January 3rd, 2012) – Specialist finance and advisory firm, TCA Global Fund Management Group (“TCA”) today announced that it has engaged Mr. Stanley I. Foodman, President and Founder of Foodman, CPAS & Advisors. Mr. Foodman will provide quarterly loan and collateral compliance reviews for TCA Global Credit Master Fund. TCA believes that this is in keeping with governance trends in the industry.
Stanley I. Foodman, founder and president of Foodman & Associates, P.A., is a recognized and respected forensic accounting and litigation support practitioner, with more than 35 years of experience in the industry. A pioneer in the field, he has served as an expert witness and forensic accountant for some of the nation’s most complex and high-profile cases.
Bob Press, Chief Investment Officer for TCA, said: "We are very pleased to have Mr. Foodman join our esteemed group of service providers. This work, unlike a once per year audit, will be performed on a quarterly basis and we believe that the addition of Mr. Foodman’s firm shows a continuing effort by TCA to provide the best possible practices for our shareholders during these turbulent times.”
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TCA Global Fund Management is the investment manager for the TCA Global Credit Master Fund and acts as an advisor to countless small companies from its offices in the United States, United Kingdom and Australia. TCA is a short duration, absolute return fund specializing in senior secured lending to small, mainly listed companies in the U.S., Canada, Western Europe and Australia. The team has a level of domestic and cross-border expertise, long-standing experience and funding innovations, which is reflected in the number of transactions completed. This is a specialist business with an investment angle which fills an important finance gap in many leading markets. Trafalgar has created a unique conduit for investors seeking steady, uncorrelated returns in the SME universe.
For more information:
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786-323-1650
www.trafcap.com
Forward Looking Statements
This press release includes statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). TCA claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts.
Specific forward-looking statements contained in this press release include, but are not limited to: impact of the company's expansion plan, and new business development success, future financial results, development and acquisition of new product lines, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties.