"As we grow our community bank, we appreciate Steve's time and attention as a valued resource."

Erik Stanton

OUR TEAM

At Prescient Capital Management (''PCM''), we bring our long-standing relationships with industry-leading professionals together with the extensive experience of our team members and Board Advisors to provide key solution sets and superior service to your financial institution.

PCM's main office is located in Delafield, Wisconsin. The PCM management is structured to implement our mandate without the intrusion of unnecessary staff positions.

Our Team:
Steven Young (biography)
John Griffin (biography)
David Froemming (biography)
Matthew McGonigle (biography)

Steven Young
Steve, the Founder of PCM, has led the specialty finance company to national recognition. In 2009, Prescient Capital analyzed approximately 350 opportunities comprising over $3.5 billion in loan submissions across the United States. Based on the company's website analytics, intermediaries or borrowers from 50 states visited Prescient Capital's website in 2009. Additionally, it has developed a relationship with over 30,000 commercial borrowers, brokers, CPAs, lawyers and other intermediaries who contribute to its loan origination platform. Steve manages the origination, underwriting, operations and loan servicing for the direct lending group; he works in conjunction with a strategic funding partner with underwriting.

Prior to founding Prescient Capital, Steve was recruited to New York by Sandler O'Neill & Partners LLP, a leading Wall Street investment banking firm focused on middle-market financial institutions. Steve served Sandler as the vice president responsible for Midwest and Southeast middle-market financial institutions. Steve has provided advice to financial institutions seeking to improve their margins, return on assets, return on equity and overall financial results. In addition to assisting institutions increase shareholder value, Steve's experience extends into complex strategies, accounting and regulatory issues.

Prior to his return to the Midwest, Steve was managing partner and founder of the Greenwich, Connecticut-based SMP Group, an organization that provided portfolio companies with strategic consulting for a select group of private equity funds. Steve is a graduate of the University of Wisconsin with a bachelor's degree in engineering; he also attended graduate studies at the Stern School of Business at New York University. He is a member of the Bank Holding Company Association, The Turnaround Management Association, and he is an associate member of several state independent community bankers associations.

John Griffin
John is Prescient Capital's lead legal counsel; he has had extensive experience in real estate law and was formally educated from Columbia University School of Law, New York, NY, J.D. 1986 - Harlan Fiske Stone Scholar University of Virginia, B.A, High Distinction, in History, 1982 - Phi Beta Kappa, Echols Scholar.

John is responsible for managing the legal aspects of the specialty finance company. He ensures that the loan meets with the requirements of the particular state we will record the necessary documents for the loan. In addition to the customary loan documents, he will verify that the Borrower is duly and properly authorized to undertake the obligation evidenced thereby, communicate with the Title and Escrow regarding the preliminary title report and review it with our team to ensure the accuracy of the title report and communicate with the title to ensure correct endorsements for the particular loan transaction.

At Columbia Law School, John focused on business, tax and commercial transactions law. After working two years in Houston for Baker Botts, where he gained extensive experience in securities law, corporate law and mergers and acquisitions, he moved to Atlanta and joined King & Spalding. At King & Spalding, John was trained under some of the nation's best secured transactions attorneys, representing SunTrust, GE Capital, Heller Financial, Citicorp Financial and other regional and national lenders securing loans with all types of collateral, including real estate. His borrower representation included the Atlanta Committee for the Olympic Games. John also gained valuable training under David Epstein, King & Spalding's bankruptcy expert and a leading bankruptcy law scholar, having authored numerous books on the subject. John started his own firm in 1992, taking SunTrust as a client and continuing his borrower representation. In 1998, John became a real estate developer in Atlanta for 5 years. In 2003, John moved to Charlottesville, Virginia, where he represented Anglo-American Financial LLC, a lender focusing on real estate opportunities throughout North America.

David Froemming
David is directly involved in all aspects of origination and underwriting for the direct lending group. His commercial real estate experience at New Boston Fund, Inc., a vertically integrated private equity real estate firm in the Washington DC Metropolitan Area, has made him a valuable addition within Prescient Capital's underwriting team. At New Boston, he supported the asset manager and regional director/property manager for the Mid-Atlantic Region on approximately 4.5 million square feet of office, industrial and flex space. David assisted in the leasing process, budgeting, capital requisitioning, writing detailed drafts of financial reports, maintaining databases, performing lease/portfolio administration, IRR/NPV valuations and many other types of ad hoc analyses.

David graduated from the University of Wisconsin at Madison with double majors in Real Estate Urban Land Economics and Finance, Investment and Banking. In addition, he completed a study abroad program at the Albert Ludwigs Universität in Freiburg, Germany for one semester. He received additional education through the Building Owners and Management Institute (BOMI) and learned from his managers' forty plus years of experience.

Matthew McGonigle
Matt contributes to origination at PCM. He is also responsible for marketing coordination and research into a range of marketplace audiences, including decision makers in key vertical segments. Matt manages the customer and market databases, professional trade associations, key media targets and networking events. He regularly develops and implements high-impact communications to these groups and consistently executes follow-up campaigns to maximize response rates. From 2000 to 2004 Matt served as a manager for BDMS & Associates, Inc. where he developed and managed financial advisory teams across the Midwest. He has developed a full range of marketing campaigns for various financial institutions and small businesses. Matt graduated from Ohio Wesleyan University with a bachelor's degree in political science, with additional studies in graphic design and advertising.