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Alex Sink joins Tampa investment banking firm

Alex Sink[1]
Former Florida Chief Financial Officer Alex Sink, who ran unsuccessfully as the Democratic candidate for governor last year, has joined Tampa-based investment banking firm Hyde Park Capital as a senior advisor.

Sink, 62, will work with the firm on a part-time basis and will continue to move forward with plans to establish a non-profit policy institute based in Tampa. Sink said her role at the firm will be to help develop the company's South Florida market. 

 "It fits really well with my love of finance and my interest in working with entrepreneurs, middle market companies and small businesses and helping them raise capital,'' Sink told the Herald/Times. The company focuses on middle market companies that make between $10 million and $500 million in sales that are looking for capital as they grow.

Sink offered her thoughts on the first three months of Gov. Rick Scott's administration. "It seems in an environment in which 1 million Floridians are still out of work, it seems so much of the conversation coming out of Tallahassee is not about creating jobs,'' she said. She said the loudest complaint she hears from people and business owners is complaints about the governor's proposal to cut education by 10 percent.

"They say young people don't want to come to Florida,'' she said. "They are concerned about the quality of life and the support for public education and families."

She said she also continues researching, developing and fundraising for a policy institute she plans to announce later this year. It will be headed by her former campaign manager and chief of staff, Jim Cassady. The goal of the institute will be to develop economic development policy. "I've heard a lot of interest from people who believe we need a more centrist approach to economic development at this time,'' she said.

Prior to serving as CFO, Sink had a 26-year career at NationsBank and Bank of America, where she served as Florida Bank President and was also responsible for corporate, commercial and small business banking. Hyde Park Capital was founded a decade agao by two former managers from Raymond James, and specializes in raising for public and private companies in Florida and the Southeast.