John Holt, President and Chief Executive Officer of Serves as a Panelist at Texas Bankers Association’s Annual Strategic Opportunities Conference

On November 7, 2016, John Holt, Nexbank’s President and Chief Executive Officer of NexBank Capital, Inc served on the panel at the 5th Annual Strategic Opportunities Conference for the Texas Bankers Association. Mr. Holt was a participant in the Banker Panel discussion held in New Orleans, Louisiana, where the topic was”Reinvention of Community Banking: Perspectives on Competing by Innovation.” This Annual Strategic Opportunities Conference is a platform used by consultants, advisers, and bank to exchange their ideologies on the major opportunities and challenges that face the community bank industry. Also, participants and panelist get to explore the various strategic opportunities via the conference as well as branching and organic growth.

About NexBank Capital, Inc.

As the leading community bank in Dallas Texas, NexBank Capital, Inc. offers its financial services through investment banking, commercial banking, and mortgage Banking. The company also offers customized banking and financial services to real estate investors, institutional clients, corporations, and financial institutions around the world.

In 2015, Nexbank managed to acquire a College Savings Bank that was located in Princeton, New Jersey. The New Jersey bank maintained its name and branding, but the operations are currently maintained under the division of Nexbank. In August 2016, the bank’s president announced the successful completion of common equity capital that amounted to approximately 24 million dollars. This additional funding assisted John Holt to enhance the growth of the company and development of opportunities. As a result, on June 30, 2017, NexBank has an asset base of 6.4 billion dollars.

Nexbank also participated towards donating to families of the Fallen and Wounded police officers after the sniper attack in downtown Dallas. The company made its donation to the Assist the Officer Foundation which provides financial assistance to police officers’ families in the event of an injury or death.

 

SahmAdrangi Chosen Tomorrow’s Titan

In 2014, Ernst and Young’s multinational professional service has chosen SahmAdrangi as Tomorrow’s Titan. Andrangi has been the CEO of Kerrisdale Capital Management since April 2009. SahmAndrangi earned his bachelor’s degree in economics at Yale University in 2003. SahmAndrangi is inspired by Dan Loeb who started in the hedge funding business while he was still a young man.

Prior to his CEO position at Kerridale, Andrangi held many positions. Right of of college, Mr. Andrangi was an analyst at Deutsche Bank for more than a year and a half. In December 2005, SahmAndrangi was an analyst for the bankruptcy structuring group of Chainin Capital Partners that lasted 16 months. Just before Andrangi accepted his present position at Kerridale Capital investment, he spent almost two years at Longacre Fund Management as an analyst of distressed fund debt fund. SahmAndrangi left Longacre Fund management to found Kerridale Capital Investment. He is one of several high managers at Kerridale. Andrangi works with Edward Gu, their Chief Financial Officer, and Edward Baer. Baer is the head of marketing and investments.

Kerridale has been known to raise money to invest in such companies as distressed funds in recovery mode and residential mortgage-backed securities. Kerridale will soon unveil the public company that they have invested $100 million in from investors in a short amount of time. The mystery company is worth less than $10 billion. Kerridale is a small investment company that is based in New York. Kerridale is excited about their upcoming campaign for their short investment. They are working on a report, video, website, etc. The small investment firm invests and manages $500 million. Some of their investments have been with drug companies Sage Therapeutics and Zafgen. Kerridale also invested in Global Star satellite company. Last year Kerridale invested in Dish Network Corporation.