the cfa brief
amongst other major fashion houses.
Chang holds a BA in international business
and marketing from the Gallatin Division
of New York University.
DS-Concept also announced the promotion of John Stillwaggon, currently senior
vice-president sales in the New York office,
to managing director USA, where he will be
responsible for general management and
commercial performance of the region.
Stillwaggon will continue to advise and
partner with the head office in Germany on
the company’s global strategy.
Stillwaggon has been with DS-Concept
for over four years. Prior to joining DS-Concept, he was employed at COFACE, a
€ 1. 6 BB revenues insurance and financial
services firm. He holds a BA from Siena
College, an MA from Boston University, and
certificates in international trade, logistics,
finance, and credit analysis from New York
Brian Dowd, currently assistant vice-president business development was
promoted to vice president. Dowd has
been instrumental in continuing to grow
the market’s awareness of DS-Concept, and
has also directly contributed in originating
many successful transactions in a variety
of industries, both in the USA and internationally. Prior to joining DS-Concept, he
served as AVP of business development at
FGI, a New York-based trade finance and
factoring firm. He is a graduate from CUNY
Baruch College, Zicklin School of Business
with a degree in statistics & quantitative
modeling and economics.
Hilco Global: Jeffrey B. Hecktman, chair-
man and CEO of Hilco Global, announced
the launch of a new operating company,
Hilco IP Merchant Banking. This new
business unit will provide intellectual
property-based financial and technical
advisory services, IP monetization solu-
tions, and will be a proprietary investor
in IP-driven transactions. These services
will be provided to IP owners and the
financial and investment communities.
“Hilco IP Merchant Banking adds
a unique and critical capability to our
current suite of valuation, monetization
and advisory solutions”, said Hecktman.
The new patent and technology centric
practice will operate as one of the 20+ op-
erating companies within the Hilco Global
portfolio and is expected to focus on the
growing need for this valuable expertise.
Hecktman continued, “This sector requires
a unique and highly specialized skillset
that will complement our current intel-
lectual property capabilities in trademarks,
domains and IP addresses.”
Hilco IP Merchant Banking will be man-
aged by Michael D. Friedman as its chief ex-
ecutive officer. Friedman joined Hilco ear-
lier this year after leaving Ocean Tomo, LLC.
A specialist in intellectual property finance
and investing, Friedman has significant
expertise in originating, structuring and
financing transactions driven by IP. He has
Charles Doc Lundberg, who joined
DS-Concept early 2016, will be promoted
to senior vice-president, based out of the
company’s Los Angeles office. Lundberg
will continue to originate commercial op-
portunities, and expand DS-Concept’s net-
work in the Western United States, as well
as focus internationally on the substantial
trans-pacific trade between the USA and
China, Vietnam and other Asian markets.
With more than 15 years of experience
in financial management and deal genera-
tion, Lundberg was most recently director
of finance for an alternative lender in the
field of purchase order finance transac-
tions in the middle-market and govern-
ment sectors. Previously, Lundberg was
CFO for a privately held registered invest-
ment advisory group and private equity
fund in Scottsdale, AZ.
Michael A. Boeheim, CIA, CFE
Howard A. Rein, CPA, CFE
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