Bridge Bank’s Life Sciences Group Hires Lauren Cosentino as Vice President, Relationship Manager
Bridge Bank’s Life Sciences Group (LSG) today announced the hiring of Lauren Cosentino as vice president, relationship manager covering the East Coast. Based out of Durham, North Carolina, Lauren will be responsible for underwriting new loans and managing existing relationships with East Coast-based life sciences companies.
Bridge Bank’s LSG provides term and revolving debt for a variety of purposes, including growth and working capital, refinancing, restructuring, recapitalization and financing mergers and acquisitions. In addition to providing tailored credit solutions, LSG offers the full complement of Bridge Bank’s banking products and services, including treasury management and international financial solutions.
“I’m thrilled to be joining Bridge Bank’s Life Sciences Group and look forward to working alongside a team of experienced lenders to offer clients the financial tools they need to be successful,” said Lauren.
Prior to joining Bridge Bank’s LSG, Lauren served for three years as assistant vice president and as an analyst for Square 1 Bank’s Structured Finance group, working with various technology and life sciences companies. Lauren managed a growing portfolio of client relationships and was responsible for compliance monitoring of existing borrowers’ loan accounts as well as the assessment of overall credit risk in the Structured Finance portfolio. Lauren graduated from the University of North Carolina at Chapel Hill with a Bachelor of Arts degree in Public Policy with a Health Concentration.
“We are confident that Lauren’s background working with life sciences companies will make her the perfect fit for helping our clients to achieve their goals of bringing products from lab to market,” said Rob Lake, senior vice president and head of Bridge Bank’s Life Sciences Group. “Hiring Lauren will help the Bridge Bank team hone in on the development and growth of our East Coast life sciences practice.”
About Bridge Bank
Bridge Bank is a division of Western Alliance Bank, Member FDIC, the go-to-bank for business in its growing markets. Bridge Bank was founded in 2001 in Silicon Valley to offer a better way to bank for small-market and middle-market businesses from across many industries, as well as emerging technology companies and the private equity community. Geared to serving both venture-backed and non-venture-backed companies, Bridge Bank offers a broad scope of financial solutions including growth capital, equipment and working capital credit facilities, sustainable energy project finance, venture debt, treasury management, asset-based lending, SBA and commercial real estate loans, ESOP finance and a full line of international products and services. Based in San Jose, Bridge Bank has eight offices in major markets across the country along with Western Alliance Bank’s robust national platform of specialized financial services. Western Alliance Bank is the primary subsidiary of Phoenix-based Western Alliance Bancorporation. With more than $15 billion in assets, Western Alliance Bancorporation (NYSE:WAL) is one of the fastest-growing bank holding companies in the U.S. and recognized as #10 on the Forbes 2016 “Best Banks in America” list. For more information, visit www.bridgebank.com or follow us on Twitter @Bridgebank.
Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbors created by that Act. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe,""expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements describe future plans, strategies and expectations. Forward-looking statements are based on currently available information, expectations, assumptions, projections, and management's judgment about the Company, the banking industry and general economic conditions. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely.
Forward-looking statements involve significant risks and uncertainties and actual results may differ materially from those presented, either expressed or implied, in this press release. Factors that might cause such differences include, but are not limited to: the Company's ability to successfully execute its business plans and achieve its objectives; changes in general economic, real estate and financial market conditions, either nationally or locally in areas in which the Company conducts its operations; changes in interest rates; new litigation or changes in existing litigation; future credit loss experience; increased competitive challenges and expanding product and pricing pressures among financial institutions; legislation or regulatory changes which adversely affect the Company's operations or business; loss of key personnel; changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies; and the ability to satisfy requirements related to the Sarbanes-Oxley Act and other regulation on internal control.
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