Newport Beach, CA (January 6, 2014) – Pelican Point Capital Partners, LLC., announces the hiring of Adam J. Chaudhary as a Partner and Managing Director.

Adam will be instrumental in helping launch Pelican Point Capital’s initiatives in Merchant Banking with sourcing, negotiating, executing and managing the firm’s investments and partnerships. Adam has worked on Wall Street at Royal Bank of Scotland, Greenwich Capital Markets, Goldman Sachs as well as other specialty finance operations in various trading, structuring, consulting and investment banking roles.

His performance and enthusiasm over the past 10 years through various business and regulatory climates in managing businesses and projects with global responsibility will be an asset to Pelican Point Capital. Adam has been based out of New York and London since 2005 and has relocated to Newport Beach, CA to join the Partners at Pelican Point Capital.

“We already have seen tremendous deal activity and execution with Adam’s presence at the firm, we look forward to building Pelican together,” said Ike Suri, Co CEO and Co Founder.

“Adam brings a unique skill set on the deal execution and the private investments side and we look forward to him as a partner in building the merchant bank,” said Shad Quraishi, Co CEO and Co Founder.