William Hanna is a Managing Director with California Technology Ventures, LLC (CTV) and Jacobs Capital Group, LLC (JCG). He brings extensive experience and expertise in the financial and investment industries to the team. Mr. Hanna is the Founding President and Director of Cedars Bank. Under his tenure, the Bank grew from $6 million of assets to over $500 million and achieved consistent profitability in each year. The bank was sold in 2006 for an excess of $125 million, which was 25 times earnings and 4 times book value. This resulted in a return of over 21 times to the original investors.
He served as Vice President of the Corporate Finance Department at Smith Barney & Co. and as Director of Smith Barney International. In these positions, Mr. Hanna was involved in all facets of investment banking, including stock and bond issues, initial public offerings, private placements, mergers and acquisitions, and venture capital. He also worked internationally for Smith Barney in Paris, Tokyo, and Beirut, Lebanon.
William Hanna was awarded a Master of Business Administration degree from Harvard University and received a Bachelor of Commerce degree from McGill University, Montreal, Canada.