NEW YORK March 1, 2011 February 2, 2011 $6.5 million
H. Eugene Lockhart Patricia Kemp
Additionally, in connection with this agreement, Bonds.com acquired substantially all of the assets of Beacon Capital Strategies, Inc. Beacon provides an electronic trading platform for execution of mortgage and asset backed fixed income instruments.
These transactions are the first in a series of anticipated strategic moves to expand the firm’s market position. Bonds.com is an ATS which provides professional fixed income traders with a platform to interact directly and execute small size in 35,000 fixed income securities from 175 liquidity providers. Bonds.com is the only electronic system that posts live, negotiable orders on a single bond or list basis, and permits price negotiation. Bonds.com remains neutral, acting solely as agent, and all activity is transparent to clients.
George O’Krepkie, President of Bonds.com said: "With this additional capital, Bonds.com is poised to deliver to professional bond traders our truly innovative alternative to traditional trading. It also establishes a firm foundation on which to build both across asset classes and regionally – both of which are critical to our clients in today’s complex global environment."
February 8, 2011
About Oak Investment Partners
Oak Investment Partners is a multi-stage venture capital firm. The primary investment focus is on high growth opportunities in Broadband Internet and Wireless Communications, Information Technology and Software Outsourced Services, Consumer Internet/New Media, Financial Services Technology, Healthcare Information and Services, Clean Energy, and Retail. Over a 33-year history, Oak has achieved a strong track record as a stage-independent investor funding more than 495 companies at key points in their lifecycle. Oak has been involved in the formation of companies, funded spinouts of operating divisions and technology assets, and provided growth equity to mid- and late-stage private businesses and to public companies through PIPE investments.
Oak has helped innovators exploit new business opportunities and anticipate trends through long-term relationships that endure the changing economic landscape. Oak’s accomplishments can be best recognized through the success of their companies and the ability to deliver consistent performance over time.
About GFI Group Inc.
GFI Group Inc. (NYSE: GFIG) is a leading provider of wholesale brokerage, clearing services, electronic execution and trading support products for global financial markets. GFI Group Inc. provides brokerage services, market data, trading platform and analytics software products to institutional clients in markets for a range of fixed income, financial, equity and commodity instruments.
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About Bonds.com Group, Inc.
Bonds.com Group, Inc., through its subsidiary Bonds.com, Inc., serves institutional fixed income investors by providing a comprehensive zero subscription fee online trading platforms.
The Company provides an inventory of over 35,000 Fixed Income securities from more than 175 liquidity providers. Asset classes currently offered include corporate bonds, emerging market debt, and mortgage and asset backed bonds.
December 31, 2009
SOURCE Bonds.com Group, Inc.