Legion Capital, a specialized private equity lender offering short-term bonds and redeemable preferred stock, has hired former GWG Holdings executive, Jason Plucinak, as vice president of corporate finance, and has also added two former GWG wholesalers.
In his new role, Plucinak will be responsible for building and managing Legion’s independent broker-dealer and RIA distribution channels, as well as national sales management and corporate finance initiatives.
With 16 years of experience in the securities, alternative investment, and insurance industry, Plucinak spent 11 years at GWG Holdings, most recently as senior vice president of business development.
At GWG, he helped structure, launch, and distribute eight proprietary investment offerings for the independent broker-dealer, RIA, and institutional investor channels. The company indicated that the offerings included two Regulation D private placements, multiple publicly registered offerings, and an initial public offering that cumulatively raised more than $1 billion for the company.
Also joining Legion Capital from GWG are regional directors Matt Heslin and Tony Gabor. Heslin will be responsible for sales in the company’s Midwest and South-Central territories, while Gabor will be responsible for sales in the company’s Northeast and Southeast territories. Both spent four years at GWG and hold FINRA Series 7 and 63 licenses.
As recently reported by The DI Wire, Legion Capital has been qualified by the Securities and Exchange Commission to offer both bonds and preferred stock shares. Managed by Sequence Financial Specialists, the Regulation A+ offering is comprised of $20 million each of Series A corporate bonds and Series A redeemable preferred membership units.
Legion Capital Corporation provides financing for small- and medium-sized businesses and real estate developers. The firm also supports its lending activities with title and closing, marketing, and management services.