SOURCE: St. John's Capital

October 11, 2006 11:00 ET

St. John's Capital Group Adds Jeremy Almand as Chief Investment Officer

SAN JOSE, CA -- (MARKET WIRE) -- October 11, 2006 -- St. John's Capital Group, (, the premier venture capital and real estate investment banking company, announced today that Jeremy Almand has joined St. John's Capital Group as Chief Investment Officer. Mr. Almand will be responsible for the strategic plan for St. John's Capital Group's Investment Office including tactical asset allocation, risk management, business development, budget authority, new investment programs, staffing and back office operations.

Mr. Almand joins St. John's Capital Group from Waterhouse Funding, Inc. where he served as President for four years with the unique distinction of running the business with profitability from its inception. His previous company focused on distressed real estate investments including mortgages, land, single-family and multi-unit properties. Prior to that, Mr. Almand served as acting CFO and member of the executive team of venture backed NOCpulse which subsequently was acquired by Red Hat. Mr. Almand is a Certified Public Accountant (CPA) and has worked as an auditor for PricewaterhouseCoopers LLP where he had a diverse client base of private and public companies and was involved in initial public offerings as well as mergers and acquisitions.

"Jeremy Almand brings an impressive track record to St. John's Capital Group, and I am confident he will provide the vision, leadership and execution to affirm sound products to our investors," said Edwin Yeh, President of St. John's Capital Group. "His unique capabilities in evaluating mortgage products, residential and commercial properties help us to identify the intrinsic value of the products and secure the margin of safety needed for our investors. We are very pleased to add his talents to our team."

"The St. John's Capital group has created a value-based investment strategy with secured collateralization that provides a high-yield return and is in a unique position in which few can compete," said Mr. Almand. "With the company's capability to access high quality deal flow in the size of $100M to $500M in the U.S., as well as earn above-market, high-yield returns with secured collateralization, I can't think of a more exciting time to join the company."

About St. John's Capital Group.

St. John's Capital Group is a leading venture capital and real estate investment banking company with entrepreneurial and operational backgrounds. We provide our investors with high-yield fixed income investments that are secured by strong business, financial and real estate holdings and have done so profitably and successfully since 2000. We currently focus our investments in commercial real estate, multi-units, and the distressed mortgage industry. Our expertise includes identifying entrepreneurs with existing profitable businesses and partnering with them to assist them to scale and expand their business to the highest potential. Our portfolio companies typically have the potential to become multi-billion dollar companies in 3-6 years.

Contact Information

  • Media Contact:
    Josh Chen
    St. John's Capital Group
    Email Contact
    408-715-7249 x712