Merchant bank beefs up advisory board

Avondale co-founder, longtime RCA chief among additions

Downtown-based merchant and investment bank Iroquois Capital Group has added three senior executives to its advisory board.

Combing aboard at Iroquois, which specializes in the health care and financial services sectors, are:

• Joe Galante, the former chairman of RCA Label Group and Sony Music Nashville in Nashville and a four-decade veteran of the music industry. Galante of late has become involved the Entrepreneur Center downtown.

• Raymond Pirtle Jr., a co-founder of Avondale Partners who now runs Claridge Co., which seeks to boost the investment profile of micro-cap companies. Before helping launch Avondale in 2001, Pirtle was a senior banker at J.C. Bradford and Equitable Securities.

• Joe Corsaro, the owner and managing partner of the Cleveland, Ohio-based law firm Corsaro & Associates. He has nearly 30 years of experience as an attorney advising businesses and high-net-worth individuals on tax and business planning matters.

“Iroquois Capital Group is extremely pleased that Joe Galante, Raymond Pirtle and Joe Corsaro have joined our Advisory Board,” said Mike Koban, President and CEO of Iroquois Capital. “The business experience they gained during their successful careers will help us identify attractive companies in which to invest our capital and to provide investment banking services.”

Iroquois, which moved into the investment banking arena last fall, is home to about a dozen people. Its advisory board also includes Lucius Burch III, former VUMC boss Harry Jacobson and Christie Cookie founder Fleming Wilt.