$6 Million Purchase of Stake in Oasis Trading, $15 Billion Stand Alone “Matched Book” Trading Operation

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Provident Group Limited and CMET Finance LLC closed CMET Finance Holdings LLCÂ?s acquisition of the equity of Oasis Trading, LLC. The transaction exchanges investor equity interests in Oasis Trading for a direct participation in the equity of CMET. Provident Group Limited served as principal and advisor to equity investors in Oasis Trading.

Provident Group Limited (Provident Group) and CMET Finance LLC (CMET) announced the closing of CMET Finance Holdings LLC’s acquisition of the equity of Oasis Trading, LLC. The transaction effectively exchanges investor equity interests in Oasis Trading for a direct participation in the equity of CMET.

Provident Group participated in the transaction as principal and advisor to the Oasis Trading sponsoring equity investors. CMET CEO Jim Tabacchi commented, “CMET’s purchase of the sponsoring equity permits CMET to unify its equity stakeholders and bring all of the productive capacity of its operating units under one class of shareholders, CMET Finance Holdings LLC and offer an attractive return to the Oasis Trading sponsoring equity investors.”

Oasis Trading is a AAA rated broker dealer platform that will operate a dedicated “matched book” strategy consisting of a $15 Billion portfolio of US treasury and agency repos and reverse repos.

Capital Markets Engineering & Trading LLC (CMET) is a New York based investment banking boutique that specializes in the development of capital efficient trading vehicles and is the management company of Oasis Trading LLC. CMET also provides structured finance, securitization and financial engineering solutions to the capital markets community.

Provident Group is a New York based investment bank that provides world-class advisory and financial solutions to emerging companies in the Americas. Provident’s customized services include: M&A, corporate finance & advisory, asset management, global public and private equity, fixed income and alternative asset product distribution. Provident headquarters is in New York with a presence in Quito and Sao Paulo.

Provident Group Contacts:

Steven Carlson             (212) 742-1852

Todd Jorn                    (212) 742-9177

Jim Roper                    (212) 742-9176

CMET Finance Contacts:

Murat Akgun                (212) 803-5050

Jim Tabacchi                (212) 803-5050

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