South Street Securities Receives Investment From Atlas Merchant Capital, INTL FCStone Securities Inc.'s Investment Banking Division Advises
Summary
South Street Securities Holdings Inc. is a leading financial services firm specialized in facilitating borrowing and lending transactions via repurchase agreements. Jim Tabacchi, CEO of South Street, said, "This new capital will allow us to meet the growing demand for our services as many traditional lenders in the high-grade lending space have capacity constraints as a result of post-crisis regulatory changes. " David Schamis, co-founder and CIO of Atlas Merchant Capital LLC, similarly followed up saying, "South Street offers key services to its customers who are adapting to a changing regulatory environment. " South Street Securities Holdings Inc., through its wholly owned subsidiaries, is a leading provider of U.S. Treasury and Agency repo financing to banks, broker dealers, and other capital market participants. Based in New York, Atlas was founded by Bob Diamond and David Schamis, who together form a complementary partnership with extensive operating and investing expertise across the financial services landscape.