Experience

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  Murray Hill Associates, LLC

  • Baltimore, Maryland Area

  • Founding Partner

    • Apr 2018 - Present
    • Baltimore, Maryland Area

    Neale is pursuing outside board memberships with privately held companies seeking capital markets access or portfolio companies of private equity firms. He has been a lender to or investor in hundreds of private and publicly held companies across diverse business sectors throughout his four decade career. Neale possesses a multitude of personal contacts and long time relationships throughout the senior lender, mezzanine, as well as private equity capital markets.July 2021-PresentAzalea Capital: Neale acts as their Business Development Advisor focusing on the Mid-Atlantic region of the U.S. Primary activities include: fund raising; board participation for select companies; and sourcing potential investment opportunities for the Firm’s latest equity fund. This new Fund seeks to invest in privately owned businesses located in the Mid-Atlantic and South-Eastern regions of the U.S. to facilitate growth, acquisitions, and recapitalizations in the key target markets of Food / Consumer Products and Industrial Services.

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  BDO USA, LLP

  • McLean, VA

  • Atlantic Division Director Private Equity

    • Apr 2018 - Feb 2019
    • McLean, VA

    Neale worked with BDO's Atlantic Division Transaction Services and Audit partners to build out their Private Equity Division's broad array of products. Delivered the firm's Quality of Earnings, Tax, and Audit Services, along with other financial consulting business lines, to Private Equity and Investment Banking firms headquartered in the Atlantic Region - from Pennsylvania south to the Carolinas.

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  Patriot Capital

  • 509 South Exeter St. - Suite 210; Baltimore, MD 21202

  • Managing Partner

    • May 2008 - Mar 2018
    • 509 South Exeter St. - Suite 210; Baltimore, MD 21202

    Neale was a Managing Partner and one of 5 Investment Committee members of Patriot Capital II and III. Patriot Capital III is a $250 million SBIC debenture fund, investing subordinated debt and minority equity in privately held, middle market companies. Patriot Capital funds have over $500M in assets under management. The fund provides junior capital for: acquisitions, management/generational buyouts, and growth capital. Average investments are $3-18 million as sole investor, as well as co-investments with other firms to consummate larger transactions. Most companies have EBITDA between $3-15 million. Patriot Capital Fund II initially closed in May, 2008; Fund III in July, 2013.

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  HSBC

  • Washington D.C. Metro Area

  • SVP - Mid-Atlantic Commercial Banking Executive

    • Aug 2005 - May 2008
    • Washington D.C. Metro Area

    Managed Philadelphia and Washington, DC banking teams responsible for clients and prospects from PA/DE south to SC. This was a de novo position; my two teams developed a committed $1.1 billion loan portfolio during my tenure. Marketed full array of HSBC's commercial banking, trade finance, capital markets, and international banking services to companies with sales from $50 million to $5 billion in annual revenues.

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  Wells Fargo

  • Richmond, Virginia Area and Baltimore, MD

  • SVP

    • 1994 - 2005
    • Richmond, Virginia Area and Baltimore, MD

    Worked for First Union/Wachovia which became Wells Fargo after I left in 2005. I initially managed the Richmond Corporate/Investment Banking relationship teams focused on companies $50 million in annual revenues and greater. Delivered senior credit, diverse public and private capital markets, treasury management, and international banking services through the applicable distribution teams within the bank. My last 3 years, I managed the Maryland Regional Middle Market Commercial Division, primarily focused on privately held companies with revenues of $15+ million. When in Richmond 1994-1999, my team was ranked #1 in the company 4 out of 5 years, #2 the other year. I took my Baltimore Middle Market team from #21 in 2002 to #3 in 2005. Two stints with First Union/Wachovia: 1994-1999; 2002-2005.

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  Ferris Baker Watts

  • Baltmore, MD

  • SVP at Ferris Baker Watts

    • 2000 - 2002
    • Baltmore, MD

    Senior investment banker in the Corporate Finance Department. Executed several transactions for clients, inclusive of M&A advisory, a secondary equity offering for a regional commercial bank, and placing several Trust Preferred capital securities for regional banks throughout the FBW franchise. FBW was purchased by RBC Securities.

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  Bank of America

  • Baltimore, MD

  • SVP

    • 1978 - 1994
    • Baltimore, MD

    Started out of graduate business school in US Corporate/National Division ending as the PA Corporate Banking Division Senior Manager. Delivered commercial and private capital markets services (M&A, swaps, private debt placements) to companies $20 million in revenues and greater. Bank was Maryland National, predecessor bank to NationsBank which became Bank of America. Two stints: 1978-1983; 1988-1994.

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  JPMorgan Chase

  • NYC metro area

  • VP Commercial Banking Team Leader

    • 1984 - 1987
    • NYC metro area

    Started as AVP commercial banking, promoted to VP Team Leader for Mid-Atlantic (VA north to NJ). Called on middle market companies ($20M - $1B in revenues), delivering commercial and private capital markets products (M&A, private debt placements, derivatives, swaps, trade finance) to these companies through the appropriate delivery team within Chase Manhattan Bank.

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  Fidelity and Deposit Company of Maryland

  • Washington D.C. Metro Area

  • Client Relationship Manager

    • Dec 1974 - Aug 1976
    • Washington D.C. Metro Area

    Surety and Fidelity Bonding Company. Founded in 1890 in Baltimore, the F&D then was the largest surety and fidelity bonding company in the US, later acquired in 1993 by the Zurich Insurance Group. I was the primary F&D client representative for a number of DC area insurance brokers through whom we placed our surety and fidelity policies. I underwrote the bonding lines of credit to ascertain the recommended exposure limits for the brokers’ clients.