Private Equity – Launch and Initial Capitalization of Broker Dealer KGS-Alpha

Represented the founding management team of KGS-Alpha Capital Markets LP, an institutional fixed income broker dealer, in connection with the launch of KGS-Alpha and its initial capitalization of approximately $100 million by an investment group led by private equity firm Arsenal Capital Partners.

KGS-Alpha Capital Markets LP is a New York-based institutional fixed income broker dealer, focusing on mortgage-backed, asset-backed, and agency debt securities. In August 2010, the founding management team, including fixed income industry veterans Levent Kahraman and Dan Goldman, and Arsenal Capital Partners, a New York-based private equity firm, announced the launch of KGS-Alpha and its receipt of approximately $100 million of initial funding from an Arsenal-led investment group. A Seward & Kissel team led by partners Robert Van Grover, James Abbott and James Cofer and including associates Nick Katsanos, Jennifer Pearson and David Lee represented the founding management team in connection with this transaction.