NewStar Financial Inc (NASDAQ:NEWS)

12.43
Data as of Apr 17
 +0.05 / +0.40%
Today’s Change
11.37
Today|||52-Week Range
19.83
-30.05%
Year-to-Date
SECTOR
Finance
INDUSTRY
Finance/Rental/Leasing
MARKET CAP
$633.9M

Company Description

NewStar Financial, Inc. operates as a specialized commercial finance company focused on meeting the complex financing needs of companies and private investors in the middle market. It is focused exclusively on providing sophisticated financing options to mid-sized companies through four national lending groups which includes Leveraged Finance, Business Credit, Equipment Finance and Real Estate Financing. The Leveraged Finance group provides senior, secured cash flow loans and, to a lesser extent, second lien, and subordinated debt, and equity or other equity-linked products. The Real Estate group provides first mortgage debt and, to a lesser extent, subordinated debt, primarily to finance acquisitions of commercial real estate properties. The Business Credit group provides senior, secured asset-based loans primarily to fund working capital needs of mid-sized companies. The Equipment Finance group provides leases, loans and lease lines to finance equipment purchases and other capital expenditures typically for companies. It provides secured debt financing options to mid-sized companies to fund working capital, growth strategies, acquisition and recapitalization, as well as, equipment purchases. The company was founded by Timothy J. Conway in June 2004 and is headquartered in Boston, MA.

Contact Information

NewStar Financial, Inc.
500 Boylston Street
Boston Massachusetts 02116
P:(617) 848-2500
Investor Relations:
(617) 848-2512

Employees

Shareholders

Individual stakeholders76.03%
Other institutional35.23%
Mutual fund holders11.20%

Top Executives

Timothy J. ConwayChairman, President & Chief Executive Officer
Brian FordeOperations Director
John Kirby BrayChief Financial Officer
Steven GallagherVice President-Information Technology
Brian J. FischesserDirector-Finance, Operations & Administration

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