Vice President Mike Pence has undertaken extensive personal outreach to donors, fueling speculation that he is preparing for his own political future.
direct corporate finance private investors LLC
NYS Entity Status
NYS Filing Date
OCTOBER 03, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED LIABILITY COMPANY RESERVATION
2014 - DIRECT CORPORATE FINANCE PRIVATE INVESTORS LLC
Around the Web
- At Private Dinners, Pence Quietly Courts Big Donors and Corporate Executives
By KENNETH P. VOGEL - Sunday Jul 9, 2017
- Trump admin blocks Chinese buyer from taking over US tech firm
By Bob Fredericks - Wednesday Sep 13, 2017
Citing national security concerns, President Trump on Wednesday blocked a Chinese-backed investor from buying Lattice Semiconductor Corp. — only the fourth time a president has stopped a foreign takeover in 27 years. The would-be buyer, Canyon Bridge Capital Partners LLC, is a private-equity firm backed by a Chinese state-owned asset manager, Bloomberg reported. “Consistent with...
- As paperwork vanishes, private student debts may be wiped away
By Stacy Cowley and Jessica Silver-Greenberg - Wednesday Jul 19, 2017
Tens of thousands of people who took out private loans to pay for college but have not been able to keep up payments may get their debts wiped away because critical paperwork is missing.The troubled loans, which total at least $5 billion, are at the center of a protracted legal dispute between the student borrowers and a group of creditors who have aggressively pursued them in court after they fell behind on payments.Some of the problems playing out in the $108 billion private student loan market are reminiscent of those that arose from the subprime mortgage crisis a decade ago, when billions of dollars in subprime mortgage loans were ruled uncollectable by courts because of missing or fake documentation.[...] like those troubled mortgages, private student loans — which come with higher interest rates and fewer consumer protections than federal loans — are often targeted at the most vulnerable borrowers, like those attending for-profit schools.National Collegiate’s lawyers warned in a recent legal filing: “As news of the servicing issues and the trusts’ inability to produce the documents needed to foreclose on loans spreads, the likelihood of more defaults rises.”[...] as the debt passed through many hands before landing in National Collegiate’s trusts, critical paperwork documenting the loans’ ownership disappeared, according to documents that have surfaced in a little-noticed legal battle involving the trusts in state and federal courts in Delaware and Pennsylvania.Robyn Smith, a lawyer with the National Consumer Law Center, a nonprofit advocacy group, has seen shoddy and inaccurate paperwork in dozens of cases involving private student loans from a variety of lenders and debt buyers, which she detailed in a 2014 report.“We don’t want National Collegiate to be the poster boy of bad practices in student loan collections, but we have no ability to affect it except through this litigation,” he said, referring to a lawsuit he initiated last year against the trusts’ loan servicer in Delaware’s Chancery Court, a popular battleground for corporate legal fights.Like those who took on subprime mortgages, many people with private student loans end up shouldering debt that they never earn enough to repay.Borrowing to finance higher education is an economic decision that often pays off, but federal student loans — a much larger market, totaling $1.3 trillion — are directly funded by the government and come with consumer protections like income-based repayment options.Private loans lack that flexibility, and they often carry interest rates that can reach double digits.Because of those steep rates, the size of the loans can quickly balloon, leaving borrowers to pay hundreds and, in some cases, thousands of dollars each month.
- Uber undercuts ex-CEO, other early investors in power play
By MICHAEL LIEDTKE and TOM KRISHER, AP Business Writers - Wednesday Oct 4, 2017
SAN FRANCISCO (AP) — Uber is curbing the power of former CEO Travis Kalanick and taking on Japan's SoftBank Group as a major new investor as the ride-hailing service tries to recover from internal strife and a myriad of legal headaches.The changes adopted unanimously Tuesday by Uber's 11-member board strip Kalanick and other early investors of the extra voting power they were originally granted to control the privately held company's direction, according to two people briefing on the board vote. The people asked not to be identified because the board's decisions are considered confidential.
- WD Navarre Holdings Files for Chapter 11 Protection
Friday Sep 8, 2017
WD Navarre Holdings LLC, the corporate parent of technology products distributor WYNIT Distribution LLC, filed for bankruptcy protection Friday.
- Charles King’s MACRO Raises Additional $150 Million for Film, TV Projects
By Beatrice Verhoeven, provided by
- Tuesday Oct 3, 2017
Charles King’s multi-platform media company, MACRO, has raised an additional $150 million in equity and debt financing to produce and finance four to six film and TV projects annually, MACRO announced Tuesday.MACRO, founded in 2015 by the former William Morris Endeavor (WME) partner, closed its initial funding that year for an undisclosed eight-figure round.Equity includes financing from Emerson Collective, Ford Foundation, the W.K. Kellogg Foundation and the Libra Foundation. MACRO’s existing investors, apart from Emerson, include Shanghai/Hong Kong based MNM Creative, MediaLink, Raymond J. McGuire of Citigroup, Anre D. Williams of American Express and other investors from Wall Street, Silicon Valley and the corporate world.