September 26, 2016 1:46 AM ET

Capital Markets

Company Overview of Aequitas Capital Management, Inc.

Company Overview

Aequitas Capital Management, Inc. is a private equity firm specializing in buyout investments in small and middle market companies. The firm typically makes investments in the form of private credit arbitrage, specialty finance, project finance, secured short term fixed income, secure debt, subordinated debt, mezzanine finance, term and bridge loans, private equity value, working capital lines of credit, equipment financing and leasing, commercial real estate financing, government and municipal financing, refinancing, sale and lease back, working capital, tax advantaged financing, alternative investments, including uncollected hospital debt and student loans, and growth capital in small to m...

5300 Meadows Road

Suite 400

Lake Oswego, OR 97035

United States

Founded in 1993

Phone:

503-419-3500

Fax:

503-419-3530

Key Executives for Aequitas Capital Management, Inc.

Co-Founder, Chief Executive Officer, Chief Investment Officer and Chairman of Investment Committee
Age: 56
President, Managing Principal of Private Equity practice, and Executive Vice President of Private Equity
Age: 49
Senior Vice President and Chief Accounting Officer
Age: 51
Executive Vice President, Corporate Development and Chief Compliance Officer
Age: 52
Senior Vice President of Finance
Age: 57
Compensation as of Fiscal Year 2016.

Aequitas Capital Management, Inc. Key Developments

Securities and Exchange Commission Files a Federal Lawsuit against Aequitas Capital Management

The Securities and Exchange Commission has filed a federal lawsuit against Aequitas Capital Management and a trio of executives accusing them of defrauding investors. It's the first step in what could be a protracted legal battle. The SEC wants to bar Aequitas and the executives from continued operation. It also wants the defendants to pay back any profits from the alleged illegal activity and be barred from working as an officer or director of any public company. Aequitas has already agreed to stop raising additional money from investors. It's also agreed to turn the firm over to a receiver. The court still needs to approve the appointment of a receiver. If approved, the receiver will unwind the firm in an orderly fashion and sell assets to pay back investors. The lawsuit against CEO - Bob Jesenik, Executive Vice President - Brian Oliver, and Former CFO - Scott Gillis will proceed like any other civil lawsuit, with discovery, motions and possibly a trial. If the three defendants push the case to trial, they would likely be tried together. The case would be tried in federal court in Portland.

Aequitas Capital Management Announces 80 Layoffs

Aequitas Capital Management filed a WARN notice in which it said it will eliminate 80 jobs. The layoffs will began Feb. 15 and are set to be completed by March 29.

Aequitas Capital Management to Layoff Approximately 100 Employees

Aequitas Capital Management will lay off most of its approximately 100 employees. A week after Aequitas Capital Management warned that significant financial issues were forcing it to terminate about a third of its workers, the company again gathered its stunned employees and informed them virtually the entire company would be let go. The company declined to specify how many employees would lose their jobs. Multiple employees and former employees said just a skeleton crew is being retained. Aequitas gave the laid off workers 60 days notice.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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