December 7, 2016
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FDIC Holding Investment Outreach Sessions For Minorities In July

Asset Purchaser, Investor, Minority Depository Institution Outreach Seminar
July 8, 2010 
8:30 AM – 5:30 PM

The FDIC recognizes the important contributions made by diverse businesses and strongly supports Minority and Women –Owned businesses and Minority Depository Institutions. The FDIC is dedicated to promoting inclusion of minorities and women, and entities owned by minorities and women, including financial institutions, investment banking firms, underwriters, accountants, and providers of legal services, in the disposition of assets from failed banks.

The FDIC is responsible for efficiently disposing of assets from failed banks in the most cost-effective manner possible. The FDIC has assets from failed banks available for acquisition by depository institutions, investors and asset purchasers.

In light of these opportunities, the FDIC is aggressively expanding outreach efforts to encourage participation of Minority and Women-Owned businesses, Minority Depository Institutions, investors and asset managers in:

  • Financial institution franchise marketing
  • Bidding process for portfolios of loans and other assets under FDIC structured sales
  • Purchasing other loan assets and Owned Real Estate (ORE) assets, and
  • Establishing or acquiring Minority Depository Institutions.

The FDIC is hosting a series of seminars to provide information on how to be an FDIC Investor and/or Asset Purchaser and how to establish or acquire a minority depository institution. You are cordially invited to join us.

When
Thursday July 8, 2010

Where
Sheraton Los Angeles Downtown (www.starwoodhotels.com)
711 S Hope Street
Los Angeles, CA 90017

 

Time
8:30 AM – 5:30 PM 

Who Should Attend?
Minority and Women –Owned businesses such as equity managers, fixed income managers, hedge fund managers, private equity firms, real estate funds, broker dealers, other financial service investors and asset purchasers, and firms seeking to partner with Minority and Women –Owned businesses. This is an excellent opportunity for Minority and Women –Owned businesses interested in gaining information about the types of assets the FDIC has for sale, the various methods used to sell assets, how to become pre-qualified as a potential investor or asset purchaser, the types of sales and investor opportunities/programs available including securitization, structured loan sales, loan and ORE sales should also attend.

Limited Seating 
On October 13, 2010, FDIC will host a similar event in San Francisco, California. To reserve a space for Los Angeles, please register at 
www.rgameetings.com/fdic/apios byMonday, June 28, 2010.

The event is being sponsored by the FDIC Office of Diversity and Economic Opportunity, FDIC Division of Supervision and Consumer Protection and the FDIC Division of Resolutions and Receiverships. It is FREE of charge.

Questions
Velda Fludd (703) 562-6071 or Linda Douglas (703) 562-6072
FDIC Office of Diversity and Economic Opportunity, Arlington, Virginia



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