Scott Fergus lead executive responsible for fund development and management of the Mortgage Resolution Fund, LLC, a multi-member Non-Performing Loan Acquisition Equity Fund. Key responsibilities include investment design and structure; capital fund raising; primary relationship management with all capital providers; managing the investment of the capital according to the business plan; and the design and structure of exit financing. Secondarily, he's responsible for the review and implementation of Mercy Portfolio Services overall capital plan for both its current and future business projects; for leading the fund capital raising required to implement the plans and for the investment of that capital into the identified projects. To date he has secured and closed on a $100 million fund for Illinois with the Illinois Housing Development Authority (IHDA) with verbal commitments of an additional $350 million in the states of New Jersey and Florida.
Like what you see? Make sure you're getting it all
Employee Benefit News provides the current awareness and insight benefit managers need to select, communicate and manage benefit programs to their employees.