
SAN FRANCISCO, March 2009 – Turnaround Management Association (TMA) announced today that it has elected Charles V. Towle to the board of the Northern California Chapter. Pamela Hayley, current board president for the Northern California Chapter of TMA, and Russ Burbank, former board president, were instrumental in making this recommendation to the board.
Charles Towle has also joined the TMA Programs Committee, which is responsible for coordinating and choosing content for monthly networking events, presentations, and panels.
Board appointments are selective and made to ensure balance across TMA's prospective constituents. Members are global professionals and include a combination of lenders, lawyers, accountants, distress funds, turnaround consultants or private equity investors, an academic, a workout banker, and a non-bank financier. TMA is an international organization with more than 8,300 members in 43 chapters, including 31 in North America.
Mr. Towle is the Director of US Capital Partners, a private investment bank and lender based in San Francisco and Los Angeles. Charles is well equipped to join a board comprised of professionals directly and indirectly involved in turning around businesses in various stages of distress and under-performance.
With this appointment, US Capital Partners will be well positioned to service its clients who are in special situations.
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About US Capital Partners, LLC
Since 1998, US Capital Partners has been providing prompt, innovative, and reliable financing solutions including lending, corporate financing, and debt re-structuring to businesses across the United States and abroad. US Capital Partners is a private investment bank, direct lender, co-lender, and lead financial arranger that specializes in asset-based debt for small- to middle-market private and public companies. The company's innovative approach allows them to provide the best financing available, not only for companies in excellent financial condition, but also for companies who may have been refused credit by traditional lenders.
If you would like to know more about how your business can secure the funding it needs, visit www.uscapitalpartners.net or call (415) 889-1010.