Expertise
I. Investment Banking

1. Underwritten public offerings: solicitation; due diligence, transparency & disclosure; commitment committee, new issue marketing & suitability committee processes; listing decision; road shows/marketing, pricing & transaction fee negotiation; deal allocation (U.S. institutions, retail, "friends & family", international), first-day trading & post-closing after-market trading, syndicate short positions, covered ("Green Shoe") & uncovered ("naked"), finder's fees, deal expense allocation, 2nd offering timing & makeup (primary v secondary/both), "flipping".
2. IPO Process
3. Venture capital & private equity
4. Private placements
5. Securities research, interaction w/ investment banking & capital markets
6. Securities valuation
7. Going private
8. Investment banking relationship management
9. Strategic advice re mergers & acquisitions

II. Corporate Governance

1. Public, private, not-for-profit
2. Mutual funds
3. Securities exchanges
4. Fiduciary standard
Bruce S. Foerster   

President, South Beach Capital Markets
1927 Freedom Drive
Melbourne, FL 32940-6877

Work: 321-622-5793
Cell: 305-965-6787
bsf@southbeachcapital.com
www.southbeachcapital.com
Expertise
I. Investment Banking

1. Underwritten public offerings: solicitation; due diligence, transparency & disclosure; commitment committee, new issue marketing & suitability committee processes; listing decision; road shows/marketing, pricing & transaction fee negotiation; deal allocation (U.S. institutions, retail, "friends & family", international), first-day trading & post-closing after-market trading, syndicate short positions, covered ("Green Shoe") & uncovered ("naked"), finder's fees, deal expense allocation, 2nd offering timing & makeup (primary v secondary/both), "flipping".
2. IPO Process
3. Venture capital & private equity
4. Private placements
5. Securities research, interaction w/ investment banking & capital markets
6. Securities valuation
7. Going private
8. Investment banking relationship management
9. Strategic advice re mergers & acquisitions

II. Corporate Governance

1. Public, private, not-for-profit
2. Mutual funds
3. Securities exchanges
4. Fiduciary standard

AB English, Haverford College, 1963.

Commissioned officer, U.S. Navy: 7 years active duty (5 at sea, 2 as admiral's aide), 20 years reserve duty including two unit commands; graduate Naval Officer Candidate School, Naval Destroyer School, Naval War College Reserve Course; retired Captain, USNR-R (ret.).

MBA Management Information & Control, University of Pennsylvania, Wharton School of Finance & Commerce, 1971.

49 years experience in primary capital markets / investment banking; 23 years in senior positions of deal leadership (solicitation, structuring, marketing, pricing, distributing, after-market trading), profit & loss responsibility - over 1,250 underwritten public offerings (150+ IPOs) at three global investment banks (Warburg Paribas Becker, PaineWebber, Lehman Brothers). Member new issue marketing committee at all three firms & new issue commitment committee at WPB & PW. 

Founding editor (now co-editor) of the “Capital Markets Handbook”, created for securities industry under trade group (SIA, now SIFMA) sponsorship, now in its Sixth Edition, 2021 Supplement.  Also expert in due diligence, IPO process, 144A + corporate governance.  Deposed, testified, authored expert opinions & consulted in 76 cases. FINRA dispute resolution arbitrator since 1996. Conduct corporate financial advisory and wealth management advisory businesses.

Faculty member, Eugene F. Brigham Department of Finance, Insurance & Real Estate at University of Florida, Warrington College of Business Administration, Hough Graduate School of Business - advise & mentor graduate students in Master in Finance Program on career opportunities & business life management skills, lecture on select investment banking topics (e.g., asset management, corporate finance, merchant banking/private equity, mergers & acquisitions, primary capital markets & securities research) and teach course entitled "Capitalism"; authored course textbook.

Member National Association of Corporate Directors

Curriculum Vitae