Atlanta, GA (PRWEB) January 25, 2007
Collective IQ (http://www.collectiveiq.com), a boutique merchant bank founded by William "Billy G" Glynn ranked one of the world's top innovators by Information Week, announces today that the successful private equity team of Jon Nieman and William "Billy G" Glynn have reunited bringing a host of private equity resources together under the Collective IQ banner.
Nieman helped run the $10 billion + private equity program for the State of Michigan and served the top 25 clients of State Street's PrivateEdge Group, representing over $150 billion of private equity investments. He will become Glynn's partner focused on managing Collective IQ's alternative asset programs and relationships - with some of the largest and most prestigious groups in the world.
Nieman and Glynn joined forces ten years ago helping build Glynn's first venture platform that invested over $200 million and raised over $500 million for their ventures. Since 2001, they have collaborated on other successful ventures. These include Glynn's structured finance and new asset class creation businesses, entailing historic work in Private Equity, setting the foundation for the Collateralized Private Equity Obligation, and creating valuation, appraisal and insurance services around landscaping as an appreciating asset on properties.
CEO of Legendary Pictures (http://www.legendarypictures.com) and long time personal colleague and friend, Thomas Tull, commenting on the new addition to CIQ said, "Jon and I worked together when we built a private equity platform with BillyG and other partners in the 1990s, since then we all went on to create interesting opportunities. This renewed partnership of my old colleagues is great news considering their resource base and bench strength - I expect much success to come of this."
About Collective IQ
Collective IQ (CIQ) is a Corporate Merchant Bank focused on a family of elite private equity funds (niche equity, buy out, leasing, sub debt, and mezzanine) and a portfolio of companies. Headquartered in Atlanta, with over 14 offices worldwide, CIQ also serves as the corporate venture and development team for a network of Global 1000 clients.
William "Billy G" Glynn, who founded the company in 2001, was ranked as one of the top innovators and influencers in the world by InformationWeek magazine. (http://www.CollectiveIQ.com)