Lone Star Funds

NEW YORK--(BUSINESS WIRE)-- Mission Capital Advisors, LLC, an industry leading residential, commercial and consumer loan sale advisor with offices in New York, Florida and Texas, is one of the few financial advisors actually closing transactions in this extremely difficult finance market. As a company that structures the sale of performing, sub-performing, non-performing and charged-off residential, commercial, C&I, and consumer loan portfolios, Mission Capital is in high demand in times like these. With various types of banks, CMBS trust/special servicers, major mortgage originators and other financial institutions selling off loans, amongst various other initiatives, to help them stay afloat, Mission Capital Advisors has brokered the sale of an astounding $11.35 billion worth of residential and commercial real estate loans ...

Mortgage brokers receive most of their business through referrals. These referral sources include lawyers, builders, friends and realtors. Most often realtors refer business to mortgage brokers as clients who are buying a home often require assistance to finance the transaction. Since home buying has dropped to historic lows, the realtor referral source has become almost non-existent.

Now, where can brokers seek out new referral sources and potentially new mortgage clients? Hedge Funds! Yep, I said it -- hedge funds.

Hedge funds like Citadel, Lone Star Funds, Fortress and WL Ross & Co having been buying up mortgage notes at a significant discount to par. For example, banks ...

Highlights - Evercore reports third quarter Net Revenues of $56.8 million and Adjusted Pro Forma Net Income of $2.3 million, or $0.07 per share - Progress towards strategic objectives: o Deepening Advisory sector coverage with addition of two new Senior Managing Directors o Ongoing build out of Investment Management platform, including commitment of $150 million to HighView Investment Group and appointment of a new Senior Managing Director to the Private Equity group o Extension of strategic alliance with Mizuho in Japan and formation of strategic alliance with G5 Advisors in Brazil - Long-term investment of $120 million in Evercore by Mizuho Corporate Bank, providing additional capital to grow and diversify business - Quarterly dividend of $0.12 declared NEW YORK, Oct. 30 /PRNewswire-FirstCall/ -- Evercore Partners Inc. (NYSE: EVR) today announced that for the third quarter and nine months ended September 30, 2008 its Adjusted Pro Forma ...

DALLAS, Sept. 18 /PRNewswire/ -- Lone Star Funds, a leading global private equity firm, today confirmed that HSBC has terminated the agreement to acquire Lone Star Funds' 51.02 ...

Shares of Merrill Lynch (NYSE: MER) have continued their volatile trading action today. The stock which opened the session down over 10%, rallied back to break-even by 11AM, only to give back most of those gains again. The stock is currently down a little over 8%.

Following the collapse of Lehman Brothers, (NYSE: LEH) short ...