In just under a decade since its inception, New York-based investment banking boutique Westwood Capital has managed to not only focus its business on traditional M&A and corporate finance transaction services, but also on more specialized market services - such as project finance, restructuring and structured finance underwriting in esoteric, novel asset classes. "Our corporate finance activities and structured finance activities provide liquidity to lenders and also to small-to-mid-sized businesses with novel or emerging assets," said Matthew Pechinski, managing director.
To be sure, Westwood is a major player in the asset-based lending, factoring, and specialty commercial finance spaces. But more specifically, Westwood caters directly to financial service providers - namely, non-bank financial institutions, said Pechinski. Non-bank financial institutions, or NBFIs, are financial institutions outside the traditional banking sector and outside the supervision of the Federal Reserve Bank. Examples include merchant banks, finance companies and credit unions.