Boston, MA (PRWEB) January 19, 2012
Meridian Investments, Inc. announced today the hiring of Matthew Engler as Senior Vice President.
Mr. Engler, age 36, brings substantial experience in investment banking, institutional investing, and corporate finance to Meridian. Prior to joining Meridian, Matt worked at Unum Group as a Director of Corporate Development and Corporate Strategy. While at Unum, Matt assisted in starting the company's program of investing in low-income housing tax credits and was involved in the investment of almost $150 million. Prior to Unum, Matt worked in investment banking with UBS's Municipal Securities Group, where he originated $4 billion of debt for state housing finance agencies. Matt holds an MBA from the Yale School of Management, an MA in Economics from Tufts University, and a BA in Physics from Bowdoin College.
John Boc, Meridian's Co-Founder, Chairman and CEO, said: "We are very pleased to bring Matt to Meridian. He offers a unique background in affordable housing finance, with expertise on both the equity and debt sides. He will be well positioned to understand the needs of our investor clients given his institutional investment experience with a Fortune 250 company like Unum."
"Matt will focus on new business development, managing equity syndications, and developing and maintaining investor relationships," said Jack Casey, Meridian Co-Founder, Vice Chairman and COO. He will work with Jerry McDermott, President of Meridian Investments, Inc. Broker-Dealer in Washington, DC on tax credit equity public-private institutional partnerships; with Rob Martorano, President of Meridian Asset Finance based in Roseland, NJ; and with Chris Moakley, CEO of Meridian Clean Fuels based in Minneapolis, MN.
Jerry McDermott, Meridian's President, said: "Having worked with Matt on investments when he was with Unum, we understand the substantial experience and capabilities that he brings with him to Meridian. We know that he will add depth to our already strong team."
Mr. Engler said: "I am very excited by the opportunity to join a firm that has had such great success in leading and growing the market for tax-advantaged investment products. Given Meridian's recent innovative transactions and growth into new areas, it is an ideal time for me to become part of the team."
Meridian Investments specializes in public-private institutional tax credit products, including low income housing, new market credits, wind energy tax credits, solar energy credits, renewable energy and many government-sponsored private sector partnerships. Meridian's client and advisory engagements include major money center banks, insurance companies, utilities and leading high technology and software companies including Microsoft Corporation and Google.
About Meridian Investments, Inc. (http://www.meridianinvestments.com)
Meridian Investments, Inc. was established in 1981 as an NASD Broker/Dealer licensed to sell direct participation programs and other forms of securities. Meridian is a national leader in placing corporate investors in the following tax-advantaged investments codified by the IRS: Affordable Housing (§42); Historic Rehabilitation (§47); Alternative Fuels (§29); Renewable Energy (§45); Like-kind Exchanges (§1031); New Markets Tax Credits (§45D); Tax Credit Remarkets. The Meridian Companies have serviced over 200 institutional and Fortune 500 clients, placing in excess of $15 Billion of institutional tax credit equity.