FOR IMMEDIATE RELEASE November 14, 2013
Hollywood, FL – The TCA Fund Management Group has added Michael Fornara to its Board of Advisors. Fornara, a former senior bank executive based primarily in Europe, brings significant wealth management and commercial lending experience that will be utilized by TCA managers on strategic growth issues.
“Michael’s experience, breadth of knowledge and direct commercial lending background bolsters an already strong group of advisors that assist TCA’s management in its growth,” said Bob Press, founding partner of the TCA Fund Management Group. “We are delighted that he has accepted the appointment to our advisory board.”
Fornara has spent a major part of his career in the European wealth management business, principally in Switzerland, where he was responsible for the strategic development of the International Private Banking Group of Lloyds Bank, which was created in 1989. Since 1993, he has been managing director of Lehman Brothers Bank (Switzerland) – Geneva, of Lazard Brothers & Co – Channel Islands, and, in 2001, of Leopold Joseph & Sons – Guernsey.
He is presently a senior business advisor to a family-owned, Geneva-based financial services provider.
TCA’s advisory board is drawn from professionals with decades of experience and success across a wide array of finance disciplines. Their role is to advise senior management on issues that can affect the expansion of the business in the numerous countries where it is most active. Fornara joins Bill Fickling III, William J. Potter, Daniel van der Tuin, and Leonard J. Harac as members.
The TCA Global Credit Master Fund is a short duration, absolute return fund specializing in senior secured lending and advisory services to small, mainly listed companies predominately in the U.S., Canada, Western Europe and Australia. TCA’s specialist business fills the underserved small-cap lending gap which exists in these leading markets. TCA Global Credit Master Fund provides a unique offering for investors seeking absolute, uncorrelated returns in the small cap debt universe.
For more information about TCA Global Credit Master Fund, visit www.tcaglobalfund.com.
# # #
This information may include “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 could be in reference/ implication, but not limited to/of: 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. The information contained herein does not constitute an offer to sell or the solicitation of an offer to purchase any security or investment product. Any such offer may only be made by means of delivery of an approved confidential offering memorandum and only in those jurisdictions where permitted by law.
There is no guarantee that the investment objectives of the Fund will be achieved. The performance representations contained herein are not representations that such performance will continue in the future. There may be sharp differences between prior performance results; such performance should not be construed as an indicator of future performance. Performance information and/or results, unless otherwise indicated, are un-audited and their appearance reflects the estimated returns net of all expenses, including the management and performance fees similar to those of the Fund.
The information contained herein does not take into account the particular investment objectives or financial circumstances of any specific person who may receive it. Before making an investment, prospective investors are advised to carefully review the offering memorandum with their advisers to determine whether investing in the Fund is suitable.
An investment in the Fund is speculative and involves a high degree of risk. Opportunities for withdrawal and transferability of interests can be restrictive. As a result, investors may not have access to capital except according to the terms of withdrawal specified within the confidential offering memorandum and other related documents.
Stu Opperman, APR