US Capital Partners Inc. announced that Richard Byrd has joined the firm as Senior Vice President.
Headquartered in San Francisco, US Capital Partners is a private investment bank that makes direct debt investments, participates in debt facilities, and has wide distribution for debt and equity private placements for small and medium-sized businesses.
With over 25 years of investment banking experience, Mr. Byrd has assisted in capital raises totaling over $600 million. A financial services industry veteran, he initiated and developed retail securities sales departments for the former Merchants National Bank in Indianapolis, Indiana; for Ameritrust in Cleveland, Ohio; and for Provident Securities/Bank in Cincinnati, Ohio.
“I am extremely pleased to welcome Richard to the firm,” said Jeffrey Sweeney, Chairman and CEO at US Capital Partners. “Richard brings over twenty-five years of financial services experience to US Capital Partners, and joins the firm’s Investment Banking group following another year of increased demand for our innovative, customized products and services. Richard’s responsibilities at US Capital Partners will include business development for the firm’s debt and equity raises, advisory services, and client relationship management.”
Mr. Byrd began his career with Chicago-based municipal bond firm Clayton Brown and Associates. He went on to develop and lead the Debt & Equity Departments at Glaser Capital Corporation, where he executed mergers and acquisitions, non-traditional loans, private placements, and equity deals totaling $61 million. Mr. Byrd assisted in the development and placement of the first negotiated certificate of deposit (CD) program in the country through Irwin Union Capital.