SQN Capital Management announced it is coming off the most successful year in the firm’s history. Capping off 2014, SQN funded over $80 million in equity investments in the month of December and announced the acquisition of Summit Asset Management Limited to take place in January 2015. Summit Asset Management is a specialist leasing company formed in 1991 and the former joint venture partner of SQN. The acquisition and merger into SQN Capital Management (UK) Limited will give SQN the platform and infrastructure to further expand internationally.

SQN added over $250 million in equity raised to its platform across three fund offerings including the oversubscribed SQN Asset Finance Income Fund Limited. In comments at the opening ceremony at the London Stock Exchange, Jeremiah Silkowski, Chief Executive Officer of SQN, stated, “We believe this to be the first publicly traded equipment lease and asset finance investment company traded on a major exchange. This marks a major achievement for both SQN as a company and for equipment leasing as an investment vehicle.”

In 2014, SQN added Claudine Aquillon as chief operating officer who brings over 25 years of operations experience, in both the public and private sectors, to SQN. During her career in the financial services industry, Aquillon served in multiple senior management and director positions at independent leasing companies, international banks and due diligence firms.

Also in 2014, it was announced that Michael Ponticello was named president of SQN Securities, SQN’s broker-dealer. Under Ponticello’s leadership, SQN increased new subscriptions agreements by 117%, total equity raised by 130% and the average investment size by 5.7%, as compared to results from 2013.