FOR IMMEDIATE RELEASE

FalconBridge Capital Markets Adds Andrew Cooney as Managing Director - Expands Firm’s Charlotte Office

Dallas, Texas March 24, 2010 – FalconBridge Capital Markets, LLC today announced the hiring of Andrew S. Cooney in the firm’s Charlotte office.

“We are delighted to add a professional of Andy’s caliber to the firm” stated Bennett Cole, President and founder of FalconBridge. “The breadth and depth of his experience in investment banking and alternative investment vehicles will be a valuable resource for FalconBridge’s clients.  Having had the pleasure of working with Andy over a span of almost two decades, I have immense respect for his insight, creativity, and integrity.  His presence at the firm further solidifies our position as a leader in the specialty finance investment banking arena.” 

Mr. Cooney has in excess of 20 years of financial advisory, investment banking and asset management experience.  Prior to his role at Falconbridge, Andy served as Chief Financial Officer and a Principal at Four Corners Capital Management, LLC for 8 years, until its acquisition by the Macquarie Group.  As CFO, Mr. Cooney was responsible for designing and implementing fund strategies in concert with various US and international investment clients of the firm and executed 14 different funds totaling in excess of $7 billion.  Prior to his role at Four Corners, he was a Managing Director at First Union Capital Markets (a predecessor to Wachovia Securities and Wells Fargo Securities), where he was responsible for the Emerging Assets Securitization Group, which focused on applying securitization techniques to new asset classes.  While at the firm, his group executed securitizations across a broad array of asset classes including tax liens, student loans, and franchise loans.  In addition, the firm became a leading investment bank in the collateralized loan obligation (“CLO”) asset class.  Prior to that, Mr. Cooney was a Director at Banc of America Securities in the asset securitization group and served as Chief Financial Officer for ProCredit, a subprime automobile finance company.  In all, Mr. Cooney has been responsible for the structuring and execution of more than $17 billion of financings and investment funds as both a banker and as a principal.

Mr. Cooney is a graduate of Washington and Lee University (BS) and the Babcock Graduate School of Management at Wake Forest University (MBA).

About FalconBridge

FalconBridge Capital Markets, LLC was founded in 2005 and is a FINRA-member investment banking organization offering capital markets and corporate finance advisory services to a diverse global client base consisting of specialty finance companies and financial institutions. The firm’s services include private placements (debt, equity, and structured products), credit facility structuring and placement, loan portfolio sales & acquisitions, securities valuation, commercial real estate finance, structured finance, special situations financing, and corporate finance advisory.  FalconBridge maintains active coverage of institutional investors and lenders including hedge funds, pension funds, insurance companies, banks, endowments, and asset managers.  For more information, please visit the firm’s website at www.falconbridgecap.com.

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Contact:

Bennett S. Cole

President

FalconBridge Capital Markets, LLC

bcole@falconbridgecap.com

www.falconbridgecap.com