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Mr. Schocken is the founder and President of Broadmark Capital, LLC and its predecessor, Broadmark Capital Corporation. Prior to forming Broadmark Capital Corporation in 1987, Mr. Schocken was a partner in several private investment banking firms, including a small New York Stock Exchange member firm where Mr. Schocken managed the Corporate Finance and Real Estate departments. Mr. Schocken is an honors graduate of the University of Washington and holds an MBA from Harvard University.
With over 30 years as an investment banker, Mr. Schocken has extensive knowledge of the financial services industry and has established relationships with both strategic and institutional investors in the US and internationally. Mr. Schocken has guided Broadmark’s Corporate Finance practice through over 75 private equity transactions with an aggregate value of well over $500 million. These transactions have included private placements, debt offerings, mergers, asset purchases and public offerings in a broad array of industries including technology, life science, broadcasting and travel. Throughout his career as an investment banker, Mr. Schocken has also been an active private investor and has worked with a number of exceptional entrepreneurs.
As an investor, board member and mentor, Mr. Schocken has played a pivotal role in the development of numerous significant enterprises. Three notable examples include Bennett Environmental (AMEX: BEL), Optiva (recently acquired by Phillips) and Universal Access, Inc. (NASDAQ: UAXS). In each case, Mr. Schocken was closely involved in the development of a capital formation strategy that positioned the company for growth and served as an influential advisor to management. Mr. Schocken was involved in the formation of Broadmark Asset Management Company which received both a direct investment and a $100 million allocation from CALPERS in 2000.
Mr. Schocken is a member of the National Advisory Board of the Democratic National Committee. He is an avid cyclist, a passion he shares with his wife and the members of the top ranked cycling team sponsored by Broadmark. | 