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Incapital Hires Larry Schechter to Join Capital Markets Team

CHICAGO, Sept. 3, 2014 (GLOBE NEWSWIRE) -- Incapital, a leading underwriter and distributor of fixed income, equity and equity hybrid securities, announced today that Lawrence B. Schechter has joined Incapital as Managing Director of Capital Markets and will be responsible for spearheading the firm's efforts in origination, structuring and distribution of private placements, securitizations, leasing and project finance.

"Larry Schechter brings extensive experience and expertise in private placements and other debt financing from his work in London at Schechter &. Co. and Bear Stearns," said Chris O'Connor, Head of Capital Markets at Incapital. "Larry complements our talented Capital Markets team and will enable Incapital to offer a widening range of debt financing solutions to our clients."

Schechter joins Incapital from London-based Schechter & Co. Limited, where he was Managing Director and Partner, overseeing all aspects of debt finance, equity linked finance, lease finance and financial and strategic advice, with specific expertise in cross-border debt and lease financings and U.K. domestic Debt placements and leasing.

In that position, Schechter placed several billion dollars, pounds and euros of cross-border debt and lease financings in a wide range of sectors. Highlight transactions include raising $475 million for oil and gas exploration and production company Venture Production plc, multiple transactions for FTSE 250 companies including Serco Group plc and Hunting PLC, securitizations of receivables from credits such as OAO Gazprom and Adidas and several waste-to-energy deals in the power generation sector including the first ever private placement out of the Republic of Cyprus.

Larry Schechter is also widely known in sports finance for capital raises in European soccer for Champions League clubs FC Schalke 04, Manchester City Football Club and others.

Previously, Mr Schechter was Managing Director and Head of Debt Capital Markets at Bear Stearns International Limited and worked in Equity Derivatives for Lehman Brothers International. He is a graduate of the University of Southern California.

About Incapital

With nine offices in North America, Incapital has established itself as one of the leading underwriters and distributors of a wide range of securities and investment products to broker-dealers, asset managers and institutional investors. Incapital originates and distributes offerings across multiple asset classes including annuities, unit trusts, fixed income, equity and equity hybrid securities.

Any financial product sold prior to maturity may be worth more or less than the original amount invested. Depending upon the specific product offering, investment risks include, but are not limited to, interest rate risk, credit risk, call risk and liquidity risk. Incapital does not offer or sell investment products to individual investors. Investors should carefully review and understand the offering documents and consult with their financial and tax advisors prior to investing in any financial product(s).

© 2014 Incapital. All rights reserved. Incapital, 200 South Wacker Dr. Chicago, IL 60606. Securities offered through and Unit Trusts sponsored by Incapital LLC, Member FINRA/SIPC. Annuities and insurance products offered through Incapital Insurance Services LLC, Member FINRA/SIPC.

CONTACT: Jim Schaberg, Incapital Tel: 312 379 3752 www.incapital.com

Source:Incapital LLC