Caliber Announces Expansion of Capital Markets Initiatives
June 01 2023 - 8:30AM
Business Wire
Hires Skyway Capital Markets for Managing
Dealer Services
CaliberCos Inc. (NASDAQ: CWD), a leading vertically integrated
alternative asset manager, today announced it has engaged with
Skyway Capital Markets, which is serving as the exclusive managing
broker dealer for the primary investment products in Caliber’s
funds marketed by Caliber’s internal wholesale team to the
Registered Investment Advisor (RIA) and independent broker-dealer
channels. Caliber has employed additional dedicated sales
professionals, significantly expanding its access to capital for
its funds in these important channels, enabling the company to
accelerate growth in its assets under management (AUM).
Skyway’s middle market focus and experience in the RIA and
independent broker-dealer channels make it an ideal association for
Caliber. Skyway’s Managing Dealer services include new product
development, wholesaling team structure, marketing, transaction
processing, due diligence and investor relations.
"This partnership is another important step in executing on our
strategic plan for growth and value creation,” said Chris Loeffler,
CEO of CaliberCos Inc. “Caliber has a long history of success in
collaborating with industry experts to build our business and
further our mission of making alternative investments broadly
accessible to investors of all types. This strategic initiative
provides Caliber with the opportunity to grow and expand our reach
by introducing our unique investment products and funds to a
broader group of potential investors. We also expect to benefit
from Skyway’s deep knowledge of the middle market and insights into
the specific product needs of RIAs and independent broker
dealers."
About CaliberCos Inc.
Caliber (NASDAQ: CWD) is a leading vertically integrated
alternative asset management firm whose purpose is to build
generational wealth for investors seeking to access opportunities
in middle-market assets. Caliber differentiates itself by creating,
managing, and servicing proprietary products, including
middle-market investment funds, private syndications, and direct
investments which are managed by our in-house asset services group.
Our funds include investment vehicles focused primarily on real
estate, private equity, and debt facilities. Additional information
can be found at Caliberco.com and CaliberFunds.co.
About Skyway Capital Markets
Founded in 2002, Skyway Capital Markets is a nationwide,
market-leading, award winning investment banking firm that works
with middle market companies, public and private, to deliver
customized financial advisory services. The investment banking team
has raised more than $3 billion in public and private investment
banking transactions. The managing broker-deal group facilitates
the entire broker dealer process from initial due-diligence to
distribution, utilizing a robust platform. Skyway Capital Markets
is headquartered in Tampa, Florida and is a member of FINRA and
SIPC. For additional information, please visit
www.skywaycapitalmarkets.com.
Forward Looking Statements
This press release contains “forward-looking statements” that
are subject to substantial risks and uncertainties. All statements,
other than statements of historical fact, contained in this press
release are forward-looking statements. Forward-looking statements
contained in this press release may be identified by the use of
words such as “anticipate,” “believe,” “contemplate,” “could,”
“estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,”
“potential,” “predict,” “project,” “target,” “aim,” “should,”
"will” “would,” or the negative of these words or other similar
expressions, although not all forward-looking statements contain
these words. Forward-looking statements are based on the Company’s
current expectations and are subject to inherent uncertainties,
risks and assumptions that are difficult to predict. Further,
certain forward-looking statements are based on assumptions as to
future events that may not prove to be accurate. These and other
risks and uncertainties are described more fully in the section
titled “Risk Factors” in the final prospectus related to the
Company’s public offering filed with the SEC and other reports
filed with the SEC thereafter. Forward-looking statements contained
in this announcement are made as of this date, and the Company
undertakes no duty to update such information except as required
under applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230601005444/en/
Caliber: Samantha Vrcic +1 480-295-7600
Samantha.vrcic@caliberco.com
Media Relations: Kelly McAndrew Financial Profiles +1
203-613-1552 KMcAndrew@finprofiles.com
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