Company Background and History

Company Highlights

	Founded in October, 2000, eSecLending is a global securities lending manager based in Boston.
	Our business is managed and administered via our operational arm, Securities Finance Trust Company, a Maryland banking institution governed by the State of Maryland Division of Financial Regulation in accordance with the rules and regulations of the Office of the Comptroller of the Currency of the United States (“OCC”).
	We employ more than 170 professionals in our offices in Boston, London and Burlington, Vermont.
	Since inception, we have successfully implemented 2000 exclusive markets globally totaling more than $1.6 trillion in assets, including global equity, international fixed income and investment grade corporate and high-yield bonds.
	We manage approximately $500 billion of lendable assets for our clients.
	We utilize top-tier broker/dealers.
	Our process is successfully employed by some of the largest and most sophisticated asset gatherers in the U.S., U.K. and Europe.
	We continue to pursue a selective growth strategy, seeking partnerships with large institutional lenders where we can produce sizeable incremental returns.

How It All Began

Prior to our founding in 2000, the organization operated as UAM Global Securities Lending, Inc. (UAMGSL), which designed and implemented securities lending programs for the former United Asset Management Corp. (UAM) affiliates. eSecLending's first auction was held in October 2000 for our founding client, the California Public Employees Retirement System (CalPERS).