Business
Loop Capital Creating the Next Generation of Blacks on Wall Street
“It is about building relationships early on. I was coming out of school during a period when the economy was dwindling. Loop gave me exposure at a time when there weren’t a lot of opportunities out there,” says the University of Michigan graduate who holds both an M.B.A. and J.D. degree. But it’s about more than gaining exposure as he added, “for me the internship was training for a potential job opportunity. They gave me a lot of responsibility. I got a lot of experience.”
Lane turned down a job offer at a prestigious law firm, opting to go to work for Loop Capital in September 2009. He has worked with the M&A team on small transitions and major deals such as the $7.9 billion merger between Exelon Corp. and Constellation Energy Group Inc. earlier this year. The combined company created an energy provider giant in the United States.
Loop Capital encourages other businesses to provide mentorship and engagement. As Reynolds sums it up, “these talented young people benefit tremendously from seeing firsthand what it means to work for a growing business, to see positive role models on a daily basis, and to have access to mentors who help them develop. It is a responsibility we cannot ignore.”
Source: Black Enterprise Magazine
