Next Street, a Roxbury-based merchant bank that serves inner-city small businesses and entrepreneurs across the United States, said today it has opened a new office in Los Angeles.
"Opening our new Los Angeles office is the next step in scaling Next Street's model nationally," said founder and managing partner, Tim Ferguson. "Building relationships with international investors who are pursuing investments in U.S. urban communities will help further Next Street's impact on urban business and economic development."
Young Kim will join the bank as a director, and Nan Song, along with Alex Youm, will serve as senior analysts. Kim, Song and Youm previously teamed together at M&D, a family-owned real estate development company and EB-5 regional center based in California, officials said.
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