Kyle Shostak, Business Development

Kyle Shostak brings strong investment banking, financial advisory and capital raising experience to the Company.

In 2000-2003 he was in charge of the Leveraged Finance, Financial Sponsors & Advisory Group for North America at the New York Branch of Banca Intesa BCI, Italy's largest bank. He worked with a number of premier private equity and venture capital funds doing business cross-border, committing bank capital and advising funds and corporate clients on capital raising, acquisition deal structuring and joint venture formation. During 1996-1999 he worked as Director for Bank Austria/Creditanstalt Investment Bank's Eastern European/Russian private equity fund, which invested in privately held, high-growth companies. In 1995-1996 Mr. Shostak was employed by New Alliance Capital, a New York boutique firm specializing in emerging markets debt trading. He worked in the Merchant Banking department, structuring and executing a proprietary acquisition involving a debt-equity swap and subsequent restructuring of the company. In 1994-1995 Kyle handled general corporate practice as an associate at Covington & Burling, the largest law firm Washington DC. Kyle has been a contributing free lance writer to Forbes Magazine's "World Billionaires List" since 1999.

Mr. Shostak holds an MBA in Finance from New York University Stern School of Business (2000), a Master of Law degree from Washington College of Law at The American University in Washington, D.C. (1994), and a Bachelor in Economics degree and International Law degree from Moscow State University (1992).

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