Who is David Milberg?
David Milberg is a financial expert and a credit analyst from New York City. He graduated from Princeton University with a BA in History and a MBA from Columbia. Milberg lives in Manhattan and is a father of 3.
After graduating from Princeton in 1986 with an B.A. in History, David worked in various jobs that summer and the following fall and spring – an internship on the Broadway show “Honky Tonk Nights,” a stint in his family’s finance company, an internship in advertising, among other things. In the spring of 1987, David settled into his first permanent post-college job at Bankers Trust Company, working in an analyst position in the bank’s loan sales and syndications department. At BT, David helped to sell various loans the Bank had originated, primarily loans to large leveraged buyouts, such as RJR Nabisco, Northwest Airlines, Burlington Industries, Ralphs Supermarkets, Supermarkets General, Borg Warner, and Kohl’s Department Stores. Starting out in more of a supporting position, helping to negotiate and close loan sales documentation, David worked his way up to a sales position, where he was instrumental in generating over $1 billion in loan purchase commitments in the first six months of 1989. During that time, David was also formally promoted to an Associate.
From the fall of 1989 through the spring of 1991, David attended the Graduate School of Business at Columbia University, receiving his M.B.A. in May 1991. David distinguished himself at Columbia, making the Dean’s List all four semesters, being asked to serve as a Teaching Assistant for Corporate Finance, being named to the Beta Gamma Sigma honor society, and receiving the NYSSCPA accounting prize.
During the summer of 1990, David worked as a Summer Associate for Lehman Brothers, Inc. in the Investment Banking. David was asked to return full time following business school graduation, which he did. David spent four and a half years in Investment Banking at Lehman Brothers, eventually becoming a Vice President, working first in the Natural Resources Group, and then in the Media and Communications Group. While at Lehman Brothers, David worked on a variety of different transactions, including private placements, mergers and acquisitions, initial public offerings, a rights offering, and follow-on equity offerings. Clients included Sun Company, Arkla, LIN Broadcasting, Tele-Communications, Inc., TeleWest Communications, Centennial Cellular, Metrocall, and the Corporation for Public Broadcasting.
During 1995, David was persuaded by his father to leave Lehman Brothers for Milberg Factors, Inc., a factoring and commercial finance firm begun by David’s grandfather and headed by David’s father, Leonard. David was promoted to president of Milberg Factors in [1999?], and remained president until 2015. As one of three shareholders in Milberg Factors, David still remains active in the company.
Milberg enjoys going to musical theaters and Broadways. He’s performed several musical himself during his college days. He loves art and musical performances.
Another one of his hobbies is to write professional, short articles. He enjoys writing about finance (more specifically children’s finances), investment, stocks, real estate, technology, social media, and political news.
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