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Alostar Hires Turco to Lead New England Business Development Efforts

November 30, 2016, 07:40 AM

David J. Turco, a veteran corporate finance and business development specialist, has been named Business Development Director of AloStar Capital Finance with responsibility for the six-state New England area. Turco will focus on raising the visibility of AloStar Capital Finance by building relationships with intermediary partners and increasing opportunities for clients in the region. Turco is a graduate of Bowdoin College in Brunswick, Maine, and earned an MBA from the Darden School of Business at the University of Virginia.

“I am very excited about the opportunity to help grow AloStar in the New England region,” Turco said. “Our focus on middle-market opportunities and emphasis on an entrepreneurial outlook gives me the opportunity to build new product lines to serve our customers.”

Turco most recently served as Assistant Vice President with GE Capital Corporate Finance in Chicago, where he was responsible for sourcing and analyzing new business opportunities in the 19-state Midwest region after completing GE’s Experienced Commercial Leadership Program for sales and marketing. Prior to his role at GE, he was Director of Marketing for TM Capital Corp. and began his career as a paralegal with Goodwin Procter, LLP.

“We are extremely pleased to bring on someone of David’s talent and experience,” said David Phillips, Managing Director and National Organizations Director for AloStar. “We are confident that he will be successful in building the AloStar brand in the important New England market by assisting new and existing clients with their business goals.”

Turco brings to AloStar significant experience in business development, commercial strategy, analytics and product management. Additionally, he has expertise in financial modeling, company and industry analysis, and marketing.

AloStar Capital Finance offers needed capital and counsel to business leaders across America who are creating their own success stories. Dedicated teams within AloStar Capital Finance create customized lending solutions for business with capital requirements between $5 million and $20 million through AloStar Business Credit, AloStar Lender Finance and AloStar Real Estate Finance platforms. AloStar Capital Finance is a trade name of AloStar Bank of Commerce, Member FDIC.

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