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By DAVID ORLOFF
Fred Jager is expanding his eight-month-old Newport
Beach investment banking firm, Hunter Wise Financial Group LLC, across
the country and the globe.
The firm is entering into a 13-nation network,
the International Corporate Finance Group,
which is being incorporated in Geneva, Switzerland. The alliance will
have a middle-market financial intermediary in each country, with Hunter
Wise one of the two U.S. representatives. Jager, a long-time financial
specialist and former president of Geneva Corporate Finance, a large unit
of the Irvine-based Geneva Cos., will serve as the group's vice chairman.
"It gives Hunter Wise a unique outreach," Jager said.
Jager said the alliance was formed through a series
of contacts that he has made over 30 years. He said the foreign firms
in the group are headed by natives who were educated at U.S. schools,
including Berkeley and Stanford. The firms in the alliance are in Australia,
Austria, Brazil, Canada, France, Germany, Mexico, the Netherlands, Norway,
Spain, Switzerland, the U.K. and the U.S.
Hunter Wise and the French firm are already working
with a French company that wants to buy some American companies, Jager
said.
Closer to home, Jager has embarked on a five-year
plan to expand Hunter Wise across the country.
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The company is looking at buying
investment firms in Chicago, Atlanta, and Tampa Bay, he said. Hunter Wise
has opened an office, its second, in Scottsdale, Ariz., and is planning
to open offices in Denver and San Francisco in the next six months. Nevada
is on the "to do" list also.
"We want to be dominant in the Southwest and then roll
out in 1,000-mile increments," Jager said.
"We will go into New York last because there are so
many opportunities in other areas." It will also be the hardest market
for the firm to crack since the majority of financial service institutions
are located there.
"All told," Jager said, "Hunter Wise so far has six
contracts to provide financial services, expects 12 more in the next 60
days and "we're chasing 17 more behind that."
Hunter Wise has eight employees in the Newport
Beach office and four in Scottsdale.
Jager said his firm's efforts are targeted at
small and micro-cap companies.
He said many of these companies have been abandoned
by investment bankers and they're being ignored by analysts. The market
is more interested in bigger companies or exciting high-technology plays.
"Small caps are getting starved out from the capital
market," Jager said. "This leaves thousands of orphans and a market for
an investment banking firm that focuses on smaller companies."
Jager defined these smaller companies as ones with
market caps under $250 million. And one of the options that Jager said
he will help companies explore is getting themselves out of the public
arena, such as through a sale or simply going private. 
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