SOURCE: Olympia Capital Markets Group

Olympia Capital Markets Group

December 11, 2009 15:53 ET

Olympia Capital Markets Group Hires Former Shearson/Lehman American Express Managing Director

NEW YORK, NY--(Marketwire - December 11, 2009) - Olympia Capital Markets Group today announced the hiring of Ronald Whitman Weiss. Mr. Weiss has a proven track record of success creating and investing in alternative investments with major Investment Banking firms, real estate finance, M&A, REIT management, Real Estate Mutual Fund & Hedge Fund, real estate development and as a senior securities analyst and attorney.

Mr. Weiss has over 40 years of experience, which includes accomplishments as Chairman & CEO of Shearson/American Express Real Estate Corp. and as Managing Director of Shearson/American Express. Mr. Weiss has originated and underwrote over 500 public and private placement venture capital deals, limited partnerships, real estate investment trusts, oil & gas, equipment leasing and other corporate financings.

Mr. Weiss served as a member of Shearson/Lehman's Venture Capital Commitment Committee. During this period he was Chairman and CEO of Shearson/Lehman Real Estate Corporation and Executive Vice President and Managing Director of Shearson/American Express.

In 1997 he originated and became Chief Operating Officer and Senior Portfolio Manager of the Spirit of America Family of Funds, which he grew to over $400,000,000.00 in two Real Estate and Value Funds. Both funds performed in the top 20% of their sectors and the Real Estate Fund performed in the top 1% of highest dividend paying funds in its sector.

Mike Murphy, Chief Executive Officer of Olympia Capital Markets Group, said: "We look forward to Ronald Weiss making a huge contribution in his new role, accelerating our growth and market share in investment banking, capital markets, and real estate investment trusts. His deep product experience, market knowledge and proven relationships will add immediate value to the clients of Olympia Capital Markets Group."

About Olympia Capital Markets Group

Olympia Capital Markets Group is the institutional asset management division of Olympia Asset Management, LTD.

About Olympia Asset Management

Olympia Asset Management, LTD, member of the FINRA, SIPC and MSRB, is an independent Broker Dealer headquartered in the center of New York City, with a growing network of financial services. The institutional sales platform of Olympia Asset Management focuses primarily on alternative investments. The firm offers its clients access to the financial markets while providing knowledgeable and experienced Financial Consultants who continuously strive to service their clients' needs.

Contact Information

  • Contact:
    Michael P. McNulty
    Olympia Asset Management, LTD.
    888 Seventh Avenue
    17th floor
    New York, New York 10019