Calibre One Places Financial Services Veteran at PrimeRevenue
SAN FRANCISCO, November 29, 2016 — PrimeRevenue, Inc., the global leader in working capital finance solutions, added Dominic Capolongo to its executive team as Executive Vice President and Head of Global Funding. In this new position, Mr. Capolongo is tasked with leading PrimeRevenue’s bank and capital markets funding strategies and operations including the growth of PrimeRevenue Capital Management’s position in the market.
PrimeRevenue Capital Management, PrimeRevenue’s wholly-owned subsidiary, offers alternative funding sources for its corporate clients and investment opportunities for investors looking to access attractive, high quality assets. This venture allows PrimeRevenue to offer proprietary and flexible access to capital that allows businesses to be agile and deploy programs faster, by allowing non-bank entities such as insurance companies, pension funds, hedge funds and capital market investors access to PrimeRevenue’s supply chain finance technology and to benefit from its ability to originate and service working capital finance opportunities.
As a financial services professional with over 25 years of experience, Mr. Capolongo brings a wealth of experience covering the financial services industry and a broad history of building sustainable revenue production and defining, managing and leading teams.
“We selected Dominic for his expertise in developing global, scalable and highly efficient funding structures that maximize options for supporting PrimeRevenue’s programs,” said PJ Bain, CEO of PrimeRevenue, Inc. “Dominic brings tremendous strategic and capital markets experience in all areas of finance after holding senior positions at, among others, Credit Suisse, RBC Capital Markets and DLJ.”
“My background in driving new ideas and tailoring capital markets solutions combined with my strategic expertise helping companies access alternative funding sources will enable me to bring immediate value and growth,” said Mr. Capolongo. “I look forward to using my knowledge of financial markets to support and advance PrimeRevenue’s goals and increase our significance to all our clients and funding partners by enhancing our existing funding channels and developing an extensive array of new and more efficient funding options.”
Mr. Capolongo joins PrimeRevenue from FBR where he was Managing Director – Financial Institutions Investment Banking. Previously, he held positions at RBC Capital Markets, Jefferies, Credit Suisse and other well-known firms. He began his career as an attorney and was a partner with Kaye Scholer. He earned a JD from Fordham University School of Law and a BA from SUNY Binghamton.
About Calibre One
Founded in 1999, Calibre One is an executive search firm that specializes in building senior management teams within innovative areas for technology-enabled companies of all sizes and stages of growth. The company leaves no stone unturned in its search for the best executive leadership in the world. With offices across North America, Europe and Asia Pacific, Calibre One is the World’s only truly global specialist TMT boutique search firm. For more information, please visit http://www.calibreone.com.