Joel Magerman, Managing Partner and Chief Executive Officer
Joel has been the Chairman and CEO of Bryant Park Capital Securities, Inc. and its parent Bryant Park Capital LLC since 2001 and became the majority shareholder in 2003. During the course of his career he has been involved in closing over 100 transactions as both a principal and an investment banker.[ Read More ]
Prior to 2001 Joel was the President of Associated Venture Management where he oversaw a family office that invested and raised approximately $250 million for its portfolio companies. Portfolio investments included Cardio-Life, the inventor of the trans-telephonic cardiac monitor; Cor Solutions, the 2nd largest disease state management Company which was sold to Matria Healthcare for over $500 million; NTN Buzztime (NTN:Amex), a leading entertainment and game developer; Lawcash, a leader in legal finance funding; and Unifund, one of the country’s leading purchasers and sellers of distressed consumer receivables. Joel served as a board member or non-executive Chairman for a number of portfolio investments in the specialty finance, software, technology, and healthcare services sectors.
From 1991 to 1995 Joel was the Senior Vice President for FCA International, LTD (FCA:TSX), one of the top three financial services firms in the receivables management sector, where he headed corporate development, M&A, and US sales, marketing and customer service. In that capacity he founded and was President of Structured Financial Capital, the second largest purchaser of structured settlements issued by the state of NJ. He also was a founding partner of Reliant Partners, a firm that purchased over $1.5 billion of non-performing assets from the Resolution Trust Corporation. During this time Joel also initiated and completed portfolio acquisitions or partnerships with numerous entities including Fleet Bank, National Bank of Detroit, Advanta, Graduate Hospital, Household Credit, and Ernst & Young. Prior to FCA, Joel was one of the founders and board members of Odyssey Golf, the number one putter company in the world that was later sold to Calloway Golf. Earlier in his career, Joel was the Director of Finance and Technology for Citicorp Diners Club.
Joel has his MS from the University of Pennsylvania and his BA from UCLA. He serves on the boards of MD Aligne, Maccabi USA Sports for Israel, the Investment Committee of Germantown Academy, and has been a panelist and speaker on a number of topics. Joel is a FINRA registered securities principal (series 24).
Managing Partner & CEO