FGI launches FGI Equity

David DiPiero, FGI’s president and CEO, said Wednesday the firm has launched FGI Equity which will make minority and majority investments in middle market growth companies. Sectors of focus include consumer products, retail, financial services, healthcare, manufacturing and some selected technologies such as cyber security. Harriette Terbell is also joining FGI Equity as managing partner. Terbell is the founder of Terbell Partners Ltd. and was formerly a General Partner at Alsacia Venture Investments.

PRESS RELEASE

NEW YORK–(BUSINESS WIRE)–David DiPiero, president and CEO of FGI (www.FGIWW.com), today announced the launch of FGI Equity to focus on making minority and majority investments in middle market growth companies. FGI Equity will invest in companies both domestically and globally through direct investments, partnerships and operating funds. Industry sectors will include consumer products, retail, financial services, healthcare, manufacturing and some selected technologies such as cyber security.

Joining FGI Equity as managing partner to spearhead this effort is industry veteran Harriette Terbell. “Partnering with FGI is a tremendous opportunity,” says Ms. Terbell. “I am thrilled to work closely with FGI’s globally recognized financial services and leadership team.”

In addition to investment expertise, Ms. Terbell brings years of management and operating experience in strategic business planning, organization turnaround and restructuring, executive talent sourcing, and CEO and leadership team mentoring/coaching. “We’ve worked with Harriette on many ventures over the years,” explains David DiPiero, President and CEO of FGI. “I am thrilled Harriette has now formally joined FGI to lead and grow this important initiative.”

Ms. Terbell is also the Founder of private equity and advisory firm Terbell Partners Ltd. and formerly a General Partner in Alsacia Venture Investments, a venture capital fund that commercialized pre-seed, seed, and early stage medical device and healthcare related investments. Previously, she was a Partner with strategic management consulting firm, The Hay Group and an Officer at Fleet Financial.

About FGI

FGI (www.FGIWW.com) is a global leader in commercial finance. Through its four key business units, Finance, Risk, Capital, and Equity, FGI equips small and medium-sized enterprises with the tools they need to safely grow their business. FGI offers the full spectrum of financial products and services and provides customized business solutions tailored to meet all client needs. Headquartered in New York City, FGI maintains a presence on six continents and works with clients in over 60 countries worldwide.