Finance

Founder of James River Capital Paul Saunders Gives Tips for Startup Funding

As an aspiring entrepreneur, one of the significant challenges you face is the acquisition of capital to fund your startup. Having a good business idea is not a guarantee for funding. Nonetheless, you should have in mind that a plethora of ways exist through which you can fund your venture. You can use both creative approaches as well as traditional methods. Paul Saunders offers his advice on how you can bring your ideas into life using several strategies.

 

Academic Achievements and Milestones

 

Paul Saunders is the CEO and founder of James River Capital and its subsidiaries. Since his childhood, Paul Saunders had a passion for the financial sector. Subsequently, he enrolled at the University of Virginia where he graduated with a B.A. before going to the University of Chicago for his MBA.

 

Early Career

 

Paul Saunders’ educational background set him up for a career in trading and investment banking. Some of the firms he worked for include A.G. Becker where he worked in the Commodity Department and the Corporate Finance Department at Warburg Paribas Becker. Additionally, he also held various roles at Kidder, Peabody, and Co. as well as KP Futures management Corp. He served as the Director of Managed Accounts and President of those companies respectively.

 

Paul Saunders acquired the company in 1995. At that time, the organization was an alternative investment department of Peabody and Co. After the acquisition, he changed the name of the company to James River Capital Corp. His dedication and skills were crucial in transforming the firm into an independent investment company.

 

Passion for Philanthropy

 

Apart from his dedication to revolutionizing the financial sector, Paul Saunders also has a deep love for philanthropy. Together with his wife Vicki, they’ve been on the forefront in supporting diverse charitable activities that are dear to their hearts. For instance, they have assisted those from less fortunate backgrounds through various projects and initiatives.

 

James River Capital

 

The firm was officially founded in 1995 when it was acquired by Paul Saunders and his business associate Kevin Brandt. James River Capital is based in Richmond, Virginia. The firm is registered as an Investment Advisor with the SEC and as a Community Pool Operator and Commodity Trading Advisor with the CFTC.

 

Since it is inception, James River Capital has been a trendsetter in investing in a comprehensive array of asset classes such as asset-backed securities, managed futures trading, multi-strategy investing, fixed income arbitrage and global macroeconomic strategies. Additionally, the firm is also reputed for its keen investment in equity strategies and corporate credit.

 

Paul Saunders’ Capital Acquisition Tips for Upcoming Entrepreneurs

 

Bootstrapping- it involves securing funding via personal savings, borrowing from family and friends and using credit cards.

Crowdfunding- acquiring funding through contributions from a large group of people. Paul Saunders also offers other alternatives such as pitching an idea to venture capitalists and angel investors to secure funding. Learn more: http://jrccblog.net/

 

Michael Burwell’s New Appointment At Willis Towers Watson

Michael Burwell is a professional accounting professional. The accounting expert will now work as a Chief Financial Officer for Willis Towers Watson. This post had previously been held by Roger Millay who is now retiring.

 

The company which deals with insurance and reinsurance broking specialists stated that it was elated with the decision of having Michel Burwell in their team. John Haley who is the company’s Chief Executive Officer expressed his confidence in Mr. Burwell’s being qualified for the job, due to his expertise on a number of issues including; transactions, finance, and transformations. He stated that Michael Burwell is great at driving results, has excellent management skills and will be a great asset in generating long-term growth of the company.

 

Willis Towers Watson is a global company that has over 40,000 personnel working in 140 countries. The advisory broking and solutions company that is based in London offers solutions to institutions and people with a desire to cultivate talent, optimize benefits and manage risk in a bid to improve business performance.

 

ABOUT MICHAEL BURWELL:

Michael Burwell has 31 years’ experience in handling professional services and finance. He gained his experience working with PricewaterhouseCoopers (PwC) where he held several positions which include; heading the Global Transformation department, CFO and Chief Operating Officer among other senior positions. Michael Burwell has also worked for 12 years in the transaction service advisory and 11 years in audit, valuation, and pre-merger. Michael Burwell expressed his gratitude for being selected for the position. While stating his desire to contribute to making the company a success, Michael Burwell stated that he admired the power of direction and leadership in the company, its dedication to customers and the collaborative culture.

 

Michael Burwell began his career in PwC by working in Detroit handling transaction services. Following his tremendous success and transformational leadership, Mr. Burwell was selected to oversee the PwC central region and became the US transaction services Leader. In 2012, Global and U.S Transformation appointed Michael Burwell to another role. Mr. Burwell then played an integral role in optimizing organizational effectiveness in managing internal function such as; finance and global strategic sourcing. Find More Information Here.

 

The excellent financial expert studied for a Business Administration Bachelor’s degree at the Michigan State University in 1986 and he graduated. The Chief Financial Officer was rightfully named alumnus of 2010 by the Michigan State University during that year. Michael Burwell is also a Certified Public Accountant.

 

Visit: https://www.quora.com/profile/Michael-Burwell-5