Peter Morgan and John Meserve Join Structured Finance Platform Ldger to Innovate Marketplace Credit Capital Markets Transactions

August 28, 2015 - Ldger is pleased to announce that Peter Morgan, a prominent structured finance attorney, and John Meserve, former Executive Managing Director of BNY Mellon's ConvergEx Group and noted capital markets expert, have joined the company as advisors, effective August 2015.

About Peter Morgan - Peter Morgan is an attorney in private practice. For nearly 20 years, Mr. Morgan has advised clients on a full range of issues related to the securitization of diverse underlying assets. His practice involves advising financial firms, credit providers, investors, rating agencies and intermediaries on the formation and capitalization of financial products and he is a noted expert on the structuring, negotiation and execution of junior and senior credit facilities. Additionally, Mr. Morgan has spent considerable time reviewing the most notable marketplace loan and like asset securitizations on behalf of credit rating agencies and has negotiated flow purchase arrangements for marketplace loans on behalf of investors.

"Ldger's vision of a data rich, next generation securitization platform inspired by the innovative marketplace lending origination model is compelling," said Peter Morgan. "I'm excited to be advising the company and its founders using my experience in these structures."

Mr. Morgan serves as an advisor to Ldger in his personal and individual capacity only and will not be acting as an agent, partner or employee of the law firm where he practices. He will not be providing legal advice to the company.

About John Meserve - John Meserve has more than 30 years' experience in the financial services arena with a deep regulatory background established in his early years in Washington, D.C.

Most recently, he held leadership roles with BNY Mellon as an Executive Managing Director of the affiliate ConvergEx Group, as well as the Chief Executive Officer in charge of the group's research and commission management businesses which include Westminster Research Associates, Jaywalk, and ConvergEx Research Solutions. John built the business from a niche player providing a small, "alternative" model of soft dollar brokerage services into a widely recognized industry leader with undisputed market dominance. In these roles John established extensive personal relationships with 1000+ institutional money managers, 200+ broker-dealers and hundreds of independent/alternative research and market data providers.

Previously, as a Senior Vice President at The Bank of New York and head of the International Marketing Division he drove similar change and growth, transforming BNY from the smallest player in the depositary receipts business into the dominant player, industry-wide. In this capacity John established a global sales team and has traveled personally to over 75 countries. Recognized as a thought leader and one of the foremost experts globally in the areas of institutional commission management, independent research, and depositary receipts, John has been frequently sought out and quoted in publications such as The Wall Street Journal, The Financial Times, Los Angeles Times, Washington Post, San Francisco Chronicle, and Institutional Investor, among many others. Prior to The Bank of New York, John began his career in the financial services industry as a Vice President with Citicorp/Citibank where he pioneered their sales of depositary receipts to international companies and completely shook up the industry, fundamentally changing the dynamics of the market by creating a culture of competition.

"We're thrilled to have Pete and John's extensive and relevant experience on tap as we work through the intricacies of innovating the technology, business and legal practices attendant on complex capital markets transactions," said Miles Cowan, Founder and CEO of Ldger.

About Ldger - Ldger is a New York City-based company that offers a user-driven marketplace credit structured finance platform to power data-rich modeling, automated transaction execution and inventory discovery and aggregation. Ldger extends the innovation associated with marketplace lending post origination, facilitating efficient and transparent access for multilateral participants to sophisticated capital markets transactions. Learn more at www.ldger.com.