Cornell Capital Makes Italian Connection

Mar 13 2007 | 11:13am ET

Cornell Capital, a small-cap specialist financing shop, has entered into a joint-venture agreement with BHN, whereby BHN will act as the exclusive deal agent for Cornell Capital in Italy. To date, BHN has already assisted Cornell in two financing structures with two publicly traded Italian companies. 

“We are excited to formalize our relationship with BHN and expand our growing footprint in Europe,” stated Mark Angelo, portfolio manager of Cornell Capital. “Marco [Prete] and his team have deep contacts and expertise and we look forward to doing many more transactions in Italy and the surrounding region.” 

Based on the success of the joint venture, the two parties will consider expanding the partnership beyond Italy to other key financial centers in the European Union. 

BHN is a Milan-based boutique investment firm that focuses on non-directional alternative financing structures–managing the fund raising, selection and execution of deals with small-mid cap listed companies.

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