Capital One announced a significant expansion to its Financial Institutions Group with the appointment of four senior professionals. Managing Director Mahesh Rajagopalan and Directors Dan Tsacoumangos and Daniel Strong will report to Dave Kucera, Managing Director and Head of the Financial Institutions Group. Managing Director Dave Donofrio will report to Kevin Gibbons, Managing Director and Head of Consumer Assets Relationship Management.
“Capital One is bringing significant resources to bear upon the financial institutions and asset-backed securities marketplaces, and we’re pleased to welcome these experienced professionals to further build our capabilities and leverage the latest market analytics and intelligence,” said Kucera. “Our clients look to us for industry expertise and solutions that meet their unique needs, and our new team members are well-positioned to meet these challenges and help drive superior performance for our clients.”
Dave Donofrio has assumed the role of a relationship manager for the Financial Institutions Group. Before joining Capital One, he served as a Director of the Asset-Backed Finance division of HSBC Securities (USA) Inc. With more than 25 years in structured finance banking, his experience encompasses a broad range of conventional and esoteric asset classes in both the commercial and consumer sectors. He holds a bachelor’s degree in finance from the University of Illinois and an MBA from the University of Chicago.
Mahesh Rajagopalan will spearhead the structuring and analytics efforts for the various industries and asset classes originated within the Financial Institutions Group. With more than 18 years of experience, he previously led the structuring team in the Securitized Products Group at Barclays, providing structuring and analytics expertise in consumer and commercial receivables, non-traditional/esoteric assets, and residential mortgage backed securities. He holds bachelor’s degrees in finance and accounting from the University of Maryland with minor concentrations in mathematics and economics.
Dan Tsacoumangos most recently served as Director within the Asset Backed Finance Group at PNC Capital Markets, where he was responsible for origination, structuring and analysis of structured transactions for financial services clients. He holds a bachelor’s in business administration from Ohio University and an MBA with concentrations in finance and strategy from Vanderbilt University.
Daniel Strong is focused on relationship management for the Financial Institutions Group, which will involve the origination, structuring and placement of structured credit investment opportunities. Previously he worked in the US Structured Credit and Solutions Group at Natixis in a similar capacity. He received a Bachelor of Science in quantitative finance from James Madison University with minors in mathematics and economics.
Capital One’s Financial Institutions team is dedicated to the lender finance market and partners with non-bank financial institutions and asset managers to provide a variety of customized lending and financing products including asset securitization, recourse and non-recourse financing, and interest rate hedging. Capital One Commercial Banking leverages a relationship-based banking model that seamlessly delivers an array of products and services including loans and deposit accounts, asset securitization, treasury management services, merchant services, investment banking, international services, interest rate hedging and correspondent banking.
Capital One Financial Corporation is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., had $221.1 billion in deposits and $339.1 billion in total assets as of June 30, 2016. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. Capital One, N.A. has branches located primarily in New York, Louisiana, Texas, Maryland, Virginia, New Jersey and the District of Columbia.