Midtown Capital Group joins UFTCF for Private Equity CPC™ Originations

FOR IMMEDIATE RELEASE
New YORK ,New Jersey, Connecticut, New York, United States of America (Free-Press-Release.com) February 9, 2011 -- After several months of discussions, UFT Commercial Finance (UFTCF) and Midtown Capital Group (Midtown) have joined forces for a strategic roll-out of a new private equity loan structure. This new credit program will source and originate loans secured by shares of approved private companies that will serve as the foundation for the issuance of UFTCF's Private Equity CPC product.

Midtown has been successfully engaged in the business of originating new securities-based lending transactions for the last 2 years. After receiving feedback from its clients regarding their need for loan products that could help leverage their private equity share holdings, "Midtown recognized a void in the market that we felt could realistically be filled with the design of a good credit-based product. Not long thereafter, we began our dialog with UFT Commercial Finance to see whether we could power a solution using its CPC product platform," according to David Borish, President of Midtown.

Midtown and UFTCF noted with interest the evolution of a new market segment that appeared focused on delivering liquidity to the private equity marketplace through the private sale and trade of share holdings. "We recognized the importance of innovations in private equity liquidity that were being afforded through firms such as Second Market or SharesPost, for example, and saw even a greater impact if these approaches were strategically supplemented by the availability of a reliable, consistent and complementary credit structure," explains the Managing Director of UFTCF, Joanne Marlowe. "The coordination of credit with these newly established share disposition platforms provides the share owner with a critical option that maintains share ownership while leveraging that position to potentially mitigate opportunity costs associated with long-term equity investments."

The two firms believe that an alignment of a viable credit option with the facilities and resources required to readily sell-off private equity shares produces a dynamic that could cultivate true and sustainable liquidity in the private equity sector. "There is no doubt that this type of credit transaction provides clear benefits to the share owner in search of interim liquidity against a quality private equity portfolio. Likewise, the nature of this credit produces an opportunity for UFTCF's Participating Lenders to gain the possibility of direct exposure to private company shares that may never come to market," added Mr. Borish. "We believe this produces new maneuverability for both private equity and debt investors to better manage and diversify their portfolios. Midtown is excited to have inspired UFTCF to respond to this very real need, and we look forward to being first to market with this groundbreaking product."

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Midtown Capital Group, LLC is a provider of institutionally managed securities-based lending services with offices in New York, NY. Learn more about Midtown Capital Group at www.midtowncapitalgroup.com

UFT Commercial Finance is an alternative credit solutions company and the Network Manager of the Master Participating Lender Network. It is a privately held company with its headquarters in Chicago, Illinois. Learn more about UFT Commercial Finance at www.uftcf.com.

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