Peachtree Settlement Funding
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Peachtree Hires Chief Capital Markets Officer
Boynton Beach, FL - July 23, 2007: Peach Holdings, Inc. ("Peachtree") announces the appointment of Hasham J. Malik as Senior Vice President & Chief Capital Markets Officer. Mr. Malik joins Peachtree from Bear Stearns & Co., Inc. where he was Managing Director and co-head of the life settlements trading business. During his 14-year career in structured finance investment banking he has also held key positions at Deutsche Bank Securities and State Street Capital Corporation. Mr. Malik will be heading up the Peachtree Capital Markets team.
Mr. Malik earned his Bachelor’s degree in finance from Boston College and his MBA from the Yale University School of Management. Commenting on the appointment, Jim Terlizzi, Peachtree's CEO said: "We are delighted that Hasham has agreed to join Peachtree. He is going to play a key role in Peachtree’s future success and brings a pivotal set of skills to the table." Hasham Malik said: "Peachtree’s depth in structured settlements and life settlements makes it the strongest and best positioned player in the market, and I am excited to be a part of the Company’s growth. I look forward to building the Peachtree Capital Markets team."
About Peachtree Settlement Funding
Peach Holdings, Inc., a Florida corporation, is the parent (holding) company of the Peach group of companies, including, among others, Peachtree Settlement Funding, Peachtree Pre-Settlement Funding and Peachtree LBP Finance Company (together, "Peachtree"). Peachtree is a specialty factoring company that purchases high-quality deferred payment obligations. Through its group of affiliated companies, Peachtree caters to people seeking to sell structured legal settlements, annuity payments, lottery prize payments, sweepstakes awards and sports contract payments. In addition, Peachtree provides cash advances to people with pending personal injury claims. Peachtree has purchased over $4 billion of specialty receivables and continues to expand into new areas by bringing institutional financing and professionalism to bear on underserved markets. For further information contact Dori Erann at (866) 730-4418. Peachtree’s corporate website address is www.peachholdings.com.
