NEW YORK, NY – Nov 20, 2014

Brock Capital Group, a boutique investment bank and M&A advisory firm with offices in New York, won the Corporate/Strategic Acquisition of the Year (Over $250MM) award at M&A Advisor’s 13th Annual M&A Advisor Awards Gala.  Brock was among more than 130 nominees, representing over 600 companies, who were finalists for the awards.

Brock Capital received the award for its representation of the United Auto Workers Retiree Medical Benefits Trust (the VEBA), in the sale of the VEBA’s 41.5% minority interest in Chrysler Group LLC to Fiat Spa.  The deal closed on January 21, 2014.  The Brock Capital team, led by Alain Lebec and Charles Brock, has served as independent fiduciary advisor to the VEBA since 2009. Mr. Brock accepted the award along with Dino Mauricio, Abhishek Mathur, James Sterling and Peter Weprin.

“We are delighted to receive this award and recognition for our efforts on the VEBA and the Chrysler-Fiat merger, which was a very challenging transaction to complete,” noted Dino Mauricio, COO and Head of M&A Advisory at Brock Capital.

“The award winners represent the best of the M&A industry in the past year and earned these honors by standing out in a group of very impressive finalists,” said Roger Aguinaldo, CEO of The M&A Advisor.

The M&A Advisor has been presenting, recognizing the achievement of and facilitating connections between the world’s leading mergers and acquisitions, financing and turnaround professionals with a comprehensive range of services since 1998.  The M&A Advisor Awards, widely respected as a pinnacle of achievement in the industry, recognize excellence in deal making, restructuring and financing, celebrating the contributions and achievements of leading firms and professionals.

About Brock Capital Group

Brock Capital Group is a full-service investment bank organized in 2002 to provide clients with strategic advice and implementation assistance through outstanding executives and professionals from diverse corporate and governmental backgrounds. Brock teams leverage the broad collective experience of the firm’s 40+ partners as investment bankers, senior corporate officers, consultants, government officials, economists, entrepreneurs, accountants and lawyers to provide comprehensive client solutions that address often overlooked issues in corporate transactions. Services are provided through Brock Capital Group LLC, Brock Securities LLC, Brock Real Estate LLC, and Brock Fiduciary Services LLC.

Additional information about Brock and the services provided by Brock is available at http://192.168.0.11/brockcapital.

NEW YORK, NY, OCT 06, 2014 —(Marketwired) – Brock Capital Group LLC is pleased to announce that Susan Davenport Austin has joined the firm as a senior managing director focusing on strategic and corporate advisory services. Ms. Austin continues to serve as Vice Chairman of Sheridan Broadcasting Corporation and brings a wealth of experience as a seasoned board member, senior broadcasting executive, and corporate finance expert.

Ms. Austin currently serves on boards of Broadcast Music, Inc. (BMI) (Chairman), the Prudential Variable Annuities Funds, Hubbard Radio, LLC, and the MacDowell Colony (President). Ms. Austin joined Sheridan Broadcasting Corporation (“SBC”) in 2002 as Vice President of Strategic Planning and Treasurer, and added the title of President of the Sheridan Gospel Network in 2004. In 2007, she was promoted to Senior Vice President and Chief Financial Officer, and later to Vice Chairman in 2013.

Prior to joining SBC, Ms. Austin spent 10 years in investment banking, specializing in telecommunications and media finance. She was a Vice President in the Communications, Media and Entertainment group at Goldman Sachs &Co., where she also managed the execution of financing and M&A transactions. Prior to Goldman Sachs, she worked for Bear, Stearns & Co. and Salomon Brothers Inc. on multiple financing and M&A assignments collectively worth over $12 billion. She began her career as a Financial Analyst with Citicorp in 1989. Ms. Austin received an AB in Mathematics from Harvard University in 1989 and an MBA from Stanford University Graduate School of Business in 1993.

“We are delighted that Susan is joining the Firm and look forward to her many contributions in driving the growth of our Advisory practice,” said Charles Brock, Chairman and CEO.

NEW YORK, NY, Jun 09, 2014 (Marketwired via COMTEX) — Brock Capital Group, LLC announces the addition of O. James Sterling, III as managing director in the firm’s M&A transaction advisory group. Mr. Sterling is a senior investment banker with expertise in aviation and aerospace and with additional transaction experience in the technology, transportation & logistics, manufacturing and healthcare industries.

Mr. Sterling was previously a managing director and head of investment banking at Aleutian Capital Group where he led buy-side and sell-side M&A engagements involving public and private companies and leading private equity firms. Prior to Aleutian, he was a management consultant at Booz & Company, one of the largest strategy consultancies (now branded Strategy& and part of PricewaterhouseCoopers). At Booz & Co., he led projects in business strategy and operations improvement for Fortune 500 aviation and aerospace clients including United Airlines, Boeing, Eaton and Delta. Earlier, Mr. Sterling was a member of Renwick Capital Management, a hedge fund investing in public equities, derivatives, real estate and private equity transactions. He holds an M.B.A. with distinction from Columbia Business School and a B.A. from Boston University.

“We are delighted that James is joining the Firm and look forward to his many contributions in driving the growth of our M&A practice,” said Charles Brock, Chairman and CEO.

About Brock Capital Group

Brock Capital Group is a full-service investment bank organized in 2002 to provide clients with strategic advice and implementation assistance through outstanding executives and professionals from diverse corporate and governmental backgrounds. Brock teams leverage the broad collective experience of the firm’s 40+ partners as investment bankers, senior corporate officers, consultants, government officials, economists, entrepreneurs, accountants and lawyers to provide comprehensive client solutions that address often overlooked issues in corporate transactions. Services are provided through Brock Capital Group LLC, Brock Securities LLC, Brock Real Estate LLC, and Brock Fiduciary Services LLC.

Brock Securities LLC, a registered broker-dealer and member of the Securities Investor Protection Corporation and Financial Industry Regulation Authority, conducts the capital raising and associated banking activities of Brock.

Additional information about Brock and the services provided by Brock is available at http://192.168.0.11/brockcapital.

NEW YORK, NY, Jan  21, 2014 (Marketwired) — Brock Fiduciary Services is pleased to confirm that the sale of the UAW Retiree Medical Benefits Trust’s equity interest in Chrysler Group LLC to Fiat North America LLC was completed today, January 21. In a series of transactions, the Trust will receive a total of $4.35 billion, of which $3.825 billion was received today. These amounts will be used to provide additional funding security for the health benefits for UAW Chrysler retirees and their dependents.

“Brock Fiduciary Services is privileged to have acted as the Independent Fiduciary to the UAW Retiree Medical Benefits Trust in enabling the Trust to realize the value of its equity investment in Chrysler,” said Charles Brock, Chairman and CEO of Brock. “We reached a successful conclusion that will benefit the Trust’s retirees,” said Robert Naftaly, chair of the Committee that governs the Trust. “This was always our goal. As a result, the Trust is stronger.”

The UAW Retiree Medical Benefits Trust is the largest non-governmental purchaser of retiree health care benefits in the United States, providing health care benefits to over 777,000 UAW retirees and dependents from General Motors, Ford and Chrysler. UAW-represented Chrysler retirees, surviving spouses and dependents, number 117,000; in addition, the Trust will provide post-retirement benefits to eligible UAW-represented Chrysler employees and their dependents upon their retirement.

About Brock Fiduciary Services

Brock Fiduciary Services is an independent fiduciary that is currently managing over $20 billion of assets. Brock has full discretionary control to manage the UAW Retiree Medical Benefits Trust’s interests in General Motors’ common stock, warrants, and preferred stock; and remaining interests in Chrysler’s unsecured debt. Recently, Brock helped AT&T design a preferred security in connection with a $9.5 billion contribution to its pension plan that is currently pending before the Department of Labor.

Additional information about Brock and the services provided by Brock is available at http://192.168.0.11/brockcapital/independent-fiduciary.

Contact Information
Brock Fiduciary Services
Abhishek Mathur
Senior Vice President & Chief Financial Officer
Email Contact
212.209.3000 Ext. 444

NEW YORK, NY, Jan 03, 2014 (Marketwired) — The Brock Fiduciary Services is pleased to confirm that an agreement has been reached between UAW Retiree Medical Benefits Trust’s Independent Fiduciary, Brock Fiduciary Services, and Fiat North America LLC regarding a purchase of the Trust’s entire equity interest in Chrysler Group LLC.

“This agreement is in the best interests of the Trust’s UAW Chrysler retiree members and their families who rely on the Trust to provide vital health care benefits,” said Robert Naftaly, chair of the Committee that governs the Trust. The Trust provides medical benefits to more than 117,000 UAW-represented Chrysler retirees, surviving spouses and dependents, and will provide post-retirement benefits to eligible UAW-represented employees and their dependents upon their retirement.

The team at Brock worked with extraordinary diligence and professionalism to achieve the best possible outcome for the Trust and the retirees it serves. Alain Lebec, who led the team at Brock, “worked tirelessly for more than a year in representing the interests of the VEBA and ensuring the best possible outcome was reached,” said Charlie Brock, Chairman and CEO of Brock.

About Brock Fiduciary Services

Brock Fiduciary Services is an independent fiduciary that is currently managing over $25 billion of assets. Brock has full discretionary control to manage the UAW Retiree Medical Benefits Trust’s interests in General Motors’ common stock, warrants, and preferred stock; and remaining interests in Chrysler’s unsecured debt. Recently, Brock helped AT&T design a preferred security in connection with a $9.5 billion contribution to its pension plan that is currently pending before the Department of Labor.

Additional information about Brock and the services provided by Brock is available at http://192.168.0.11/brockcapital/independent-fiduciary.

Contact Information
Brock Fiduciary Services
Abhishek Mathur
Senior Vice President &
Chief Financial Officer
Email Contact
212.209.3000 Ext. 444

NEW YORK, NY, Oct 31, 2013 (Marketwired) — Brock Capital Group, LLC announces the addition of Jon Crockett, an experienced merger integration and change management consultant, as Managing Director, M&A Advisory Services. Crockett will lead Brock’s West Coast M&A advisory practice with a focus on Technology, Internet and IT Services clients. He joins Brock from Embark Partners and brings over 20 years of consulting experience with leading technology companies including Cisco, Symantec, IBM, McAfee, Websense, Yahoo, Knova, Blue Shield, Network General, Sniffer and Foundstone. In addition, Crockett has advised energy companies on smart-grid energy management strategies for clients such as Chevron, Texaco, Enron and select public utilities. Crockett joins an accomplished and highly respected team of professionals led by Dino Mauricio, Chief Operating Officer, M&A Advisory Services for Brock Capital.

Prior to joining Brock, Crockett was Managing Partner for Embark Partners, Inc. based in Cupertino, CA. Crockett and Brock Capital are committed to supporting Embark Partners’ existing client projects while leveraging Brock’s expanded suite of M&A capabilities for new clients. Crockett’s transaction advisory expertise ranges broadly from strategy, valuation, deal execution, and due diligence through the planning, execution and completion of the post-merger integration activities.

Earlier in his career, Crockett served as a senior consultant with IBM’s Global Services, Strategy and Change practice supporting large multi-national M&A transactions. For nearly 20 years, Crockett has been a trusted advisor to Fortune 500 and SMB clients in a variety of industries supporting projects involving M&A transactions, operations, go-to-market strategies, growth, restructuring, and investment due diligence.

“Jon’s merger integration expertise serving technology and internet clients is remarkable, and we are pleased to have him join our team,” commented Charles Brock, Chairman and CEO. “I look forward to his future contributions to our growth in M&A advisory services.”

About Brock Capital Group

Brock Capital Group is a full-service consulting firm and boutique investment bank, organized in 2002 to provide clients with strategic advice and implementation assistance through outstanding executives and professionals from diverse corporate and governmental backgrounds. Brock teams leverage the broad collective experience of the firm’s 40+ partners as senior consultants, senior corporate officers, investment bankers, government officials, economists, entrepreneurs, accountants and lawyers to provide comprehensive client solutions that address often overlooked issues in corporate transactions. Services are provided through Brock Capital Group LLC, Brock Securities LLC, Brock Real Estate LLC, and Brock Fiduciary Services LLC.

Brock Securities LLC, a registered broker-dealer and member of the Securities Investor Protection Corporation and Financial Industry Regulation Authority, conducts the capital raising and associated banking activities of Brock.

Additional information about Brock and the services provided by Brock is available at http://192.168.0.11/brockcapital.

Contact Information
Brock Capital Group LLC
Abhishek Mathur
Email Contact
(212) 209-3000 Ext. 444

NEW YORK, NY – (Marketwired) – Brock Capital (“Brock”) today announced the formation of a joint venture between Eletson Holdings Inc. (“Eletson”) and funds managed by Blackstone Tactical Opportunities (“Blackstone”) to create Eletson Gas, a $700 million liquefied petroleum gas (“LPG”) shipping company. As part of the agreement, Eletson will contribute its existing fleet of five medium-size gas carriers, and Blackstone will provide equity capital to finance the growth of the company through the construction of new-build vessels as well as through the acquisition of existing vessels. Operating and technical management of the Eletson Gas fleet will be provided by Eletson.

Also, Eletson Gas announced the signing of newbuilding contracts for eight vessels — five 12,000 cbm ethylene-capable semi refrigerated (“semi ref”) vessels with Korea’s Hyundai Mipo Dockyard and three 22,000 cbm ethylene-capable semi ref vessels with China’s Sinopacific Offshore & Engineering as well as the acquisition of a 22,000 cbm second hand semi ref vessel. Additionally, Eletson Gas holds options for two additional 22,000 cbm vessels at Sinopacific. All eight new-build vessels are scheduled for delivery in 2015 and early 2016.

Lascarina J. Karastamati, President of Eletson Holdings, said, “We are delighted to partner with Blackstone as we look to expand Eletson’s existing LPG platform. Our partner’s expertise and global reach, including its exposure to the U.S. energy sector, will help to grow the business successfully into new and existing markets.”

“Through this partnership, we are committed to building a best-in-class, global owner and operator of LPG vessels that is a leader in its market segment,” said Jasvinder Khaira of Blackstone’s Tactical Opportunities Fund. “We are thrilled to join Eletson and its strong management team in this new venture.”

“This marriage of Eletson’s leading shipping operation and Blackstone’s premier global investment platform represents a first class partnership in the maritime industry,” said Jay Rodin, who led the transaction at Brock. “It is reflective of opportunities taking shape presently in shipping capital markets, and we are pleased that the advisory team has been able to see this through to fruition at such an exciting period in shipping.”

DNB Markets Inc. co-advised Eletson on the transaction. Holland & Knight and Akin Gump acted as legal counsel for Eletson and Blackstone respectively.

About Brock Capital

Brock Capital Group LLC, is a boutique investment bank organized to provide clients with strategic advice, capital raising and implementation assistance through outstanding executives and professionals from diverse corporate and governmental backgrounds. Brock teams leverage the broad collective experience of the Firm’s partners as senior consultants, senior corporate officers, investment bankers, government officials, economists, entrepreneurs, accountants and lawyers to provide comprehensive client solutions that address often overlooked issues in corporate transactions.

Brock Securities LLC, a registered broker-dealer, is a member of the Securities Investor Protection Corporation and the Financial Industry Regulation Authority, and conducts the capital raising and associated banking activities of Brock Capital Group LLC.

Additional information about Brock and the services provided by Brock is available at http://192.168.0.11/brockcapital.

Contact Information
Brock Securities
Jay Rodin
+1-212-209-3000 x140
Email Contact

NEW YORK, NY, Sep 03, 2013 (Marketwired) — Brock Capital Group, LLC (Brock) announces the addition of Dino Mauricio, an accomplished financial, operations and business development executive, as Chief Operating Officer, M&A Advisory Services. Mauricio brings 20 years experience advising corporate acquirers and private equity firms throughout the M&A life cycle including acquisition due diligence, deal execution, merger integration and divestitures. Mauricio’s addition to the firm will help provide Brock clients with a broader suite of M&A capabilities and transaction advisory services.

Mauricio joins Brock from Schaffer Consulting where he was partner and practice leader in M&A, merger integration and strategy execution. Previously, he served as managing director and head of transaction advisory services at Getzler Henrich & Associates, prior to that serving as managing director, business development/M&A in General Electric’s Commercial Finance and Advanced Materials divisions. He also held positions at Berkshire Group, LEK Consulting and Goldman Sachs & Co. Throughout his career, Mauricio has been a trusted advisor to Fortune 500 and middle-market clients on a variety of leadership issues including transactions, operations, strategy, growth, restructuring, investing, and capital markets.

“Dino’s expertise and reputation align with our values and commitment to excellence, and we are pleased he has joined our team,” commented Charles Brock, the firm’s Chairman and CEO. “We look forward to his playing a significant role in our firm’s continued growth.”

About Brock Capital Group

Brock Capital Group is a full-service consulting firm and boutique investment bank, organized in 2002 to provide clients with strategic advice and implementation assistance through outstanding executives and professionals from diverse corporate and governmental backgrounds. Brock teams leverage the broad collective experience of the Firm’s partners as senior consultants, senior corporate officers, investment bankers, government officials, economists, entrepreneurs, accountants and lawyers to provide comprehensive client solutions that address often overlooked issues in corporate transactions. Services are provided through Brock Capital Group LLC, Brock Securities LLC, Brock Real Estate LLC, and Brock Fiduciary Services LLC.

Brock Securities LLC, a registered broker-dealer and member of the Securities Investor Protection Corporation and Financial Industry Regulation Authority, conducts the capital raising and associated banking activities of Brock.

Additional information about Brock and the services provided by Brock is available at http://192.168.0.11/brockcapital.

Contact Information
Brock Capital Group
Abhishek Mathur
Senior Vice President
Email Contact
212.209.3000 Ext. 444

NEW YORK, NY, Jul 22, 2013 (Marketwired) — Brock Fiduciary Services, as independent fiduciary and investment manager for the United Auto Workers Retiree Medical Benefits Trust (VEBA), authorized the sale of 20 million shares of General Motors’ common stock. The transaction was part of a combined offering that included the sale of 30 million GM shares by the U.S. Treasury. Together, the total offering raised approximately $1.7 billion for the selling shareholders.

The value of the VEBA’s portion of the sale was around $688 million. The Treasury Dept. sold GM shares that the government purchased in 2009 as part of the Troubled Asset Relief Program’s bailout of the U.S. auto sector. The June 6 offering coincided with GM’s return listing on the S&P 500, after leaving the index in 2009 when the company declared bankruptcy. Treasury, which still owns nearly 14% of GM’s common stock, has vowed to fully exit its holdings by early 2014.

The Brock Fiduciary Team was led by Alain Lebec, Senior Managing Director, and included Charles Brock, Chairman and CEO; Abhishek Mathur, Senior Vice President; and Mark Lanzana, Senior Associate. This was the first major liquidation of the VEBA’s holdings in GM securities, and reflected a substantial monetization of its assets.

About Brock Fiduciary Services

Brock Fiduciary Services is the independent fiduciary and investment manager that is currently managing over $21 billion of assets. Brock has full discretionary control to manage the UAW Retiree Medical Benefits Trust’s interests in General Motors’ common stock, warrants, and preferred stock; and interests in Chrysler’s equity and unsecured debt. Recently, Brock helped AT&T design a preferred security in connection with a $9.5 billion planned contribution to its pension plan that is currently pending before the Department of Labor, and Brock will continue as the fiduciary and investment manager over these securities once contributed to AT&T’s pension plan.

Additional information about Brock and the services provided by Brock is available at http://192.168.0.11/brockcapital/independent-fiduciary.

Contact Information
Brock Fiduciary Services
Abhishek Mathur
Senior Vice President
Email Contact
212.209.3000 Ext. 444

NEW YORK, NY, Jul 19, 2013 (Marketwired) — Brock Fiduciary Services recently hosted a panel titled “Pension De-Risking Transactions in Today’s Low Interest Rate Environment” at the Century Association. This distinguished panel was led by Abhishek Mathur, Senior Vice President at Brock, and included the following:

• David Hartman, General Counsel and Vice President, General Motors Asset Management
• Ari Jacobs, Senior Partner and Global Retirement Solutions Leader, Aon Hewitt
• Caitlin Long, Managing Director and Head of Corporate Strategies Group and Pension Solutions Group, Morgan Stanley
• Evan Miller, Partner and Practice Leader of Employee Benefits & Executive Compensation Group, Jones Day
• Michael Moloney, Partner in the Insurance Practice, Oliver Wyman

The panel was attended by approximately a hundred individuals from corporate pension plans, leading law firms, pension and actuarial consulting firms, Wall Street investment banks, and insurance companies. The topics included a discussion of the recent Verizon and General Motors pension risk transfer transactions, the role of a fiduciary in such transactions, and trends in this industry as interest rates increase and insurance companies create new annuity products designed to meet the Department of Labor’s safest available annuity standard.

About Brock Fiduciary Services

Brock Fiduciary Services is an independent fiduciary that is currently managing over $21 billion of assets. Brock has full discretionary control to manage the UAW Retiree Medical Benefits Trust’s interests in General Motors’ common stock, warrants, and preferred stock; and interests in Chrysler’s equity and unsecured debt. Recently, Brock helped AT&T design a preferred security in connection with a $9.5 billion planned contribution to its pension plan that is currently pending before the Department of Labor, and Brock will continue as the fiduciary and investment manager over these securities once contributed to AT&T’s pension plan.

Additional information about Brock and the services provided by Brock is available at http://192.168.0.11/brockcapital/independent-fiduciary.

Contact Information
Brock Fiduciary Services
Abhishek Mathur
Senior Vice President
Email Contact
212.209.3000 Ext. 444