Timothy Kruse to Join Milestone Advisors as Managing Director

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WASHINGTON--(BUSINESS WIRE)-- Milestone Advisors LLC, a leading investment banking firm specializing in mergers and acquisitions, capital formation, asset valuations and sales and corporate restructurings in the financial services industry, today announced that Timothy Kruse has joined the firm’s advisory practice as a managing director. Mr. Kruse will be based in the firm’s Washington, D.C. headquarters where he will focus on both the public and private financial services sector. His primary focus will be on providing advisory services and asset sales advice to the GSEs, U.S. regulatory agencies and other governmental entities, as well as the banking and mortgage finance sectors, generally.

“We are excited about having Tim join our team,” said Gene Weil, Chief Executive Officer of Milestone. “His substantial experience in both the private and public sectors will prove to be invaluable to both our public sector and financial services clients as the industry continues to struggle with distressed assets, positions for likely consolidation and develops a new financing paradigm. Tim will add to our strength in working with regulatory agencies and diversified financial companies through his expertise in loan valuations and sales, deep credit analytics and capital markets driven solutions.”

Mr. Kruse added, “I am delighted to be joining Milestone. In my past jobs I have been able to work with numerous financial advisors, but I have found Milestone’s entrepreneurial culture, client-driven advice and industry expertise to be unmatched by its competitors.”

Prior to joining Milestone, Mr. Kruse held a number of high level jobs at the FDIC. He served as both the Manager, Seller Finance and also as a Senior Capital Markets Specialist in the Division of Resolutions & Receiverships at the FDIC since December 2008. In these roles, he was part of the team responsible developing and implementing the sale of real estate secured assets through the FDIC’s structured transaction program. He also led the team responsible for structuring and selling the FDIC guaranteed notes to investors which are offered in conjunction with the structured transaction program. Mr. Kruse directly managed two pioneering transactions sold by the FDIC, Franklin Bank and Corus Bank. Additionally, Mr. Kruse was a key member of the FDIC team that resolved three Puerto Rican banks in 2010.

Prior to joining to the FDIC in late 2008, Mr. Kruse held a number of positions in the field of finance, with a particular focus on mortgage finance. For three years, he was a financial consultant serving as a technical expert in the field of mortgage finance and asset valuation. Prior to being a financial consultant, Mr. Kruse spent ten years at GMAC-RFC in a number of senior structured finance, treasury and risk management roles. He also valued and sold/securitized both performing & non-performing portfolios for eight years at the Resolution Trust Corporation. Prior to his service at the RTC, he held various secondary marketing roles in the savings & loan industry. Mr. Kruse holds a B.A. in history from the College of William & Mary.