Morgan Keegan Equity Research Hires Enterprise Software Analyst Ajay Kasargod
February 03 2010 - 3:59PM
Business Wire
Morgan Keegan & Company, Inc. has announced that Ajay
Kasargod has joined the firm as a senior equity analyst following
the Enterprise Software sector. Kasargod was formerly a Senior
Enterprise Software Analyst at Piper Jaffray.
"Enterprise software is an important component of our equity
research efforts and we are pleased to have Ajay back," said Elkan
Scheidt, Director of Equity Research for Morgan Keegan. "The
technology industry continues to be a focus for our Equity Capital
Markets Group. Ajay’s broad knowledge and diverse experience in the
tech sector further enhances the level and breadth of services we
offer our clients."
Kasargod’s hiring comes less than a year after Morgan Keegan
acquired Revolution Partners, a highly-regarded investment banking
boutique specializing in mergers and acquisitions and private
capital advisory services for the technology industry.
“We are thrilled to have an analyst of Ajay’s caliber re-join
Morgan Keegan,” said David Lavallee, co-founder of Revolution
Partners and co-head of Morgan Keegan’s technology investment
banking team. “Software-as-a-service companies, as well as the more
traditional software license models, are very important to Morgan
Keegan, and Ajay’s addition further solidifies the firm’s
commitment to the middle market technology sector.”
Morgan Keegan’s Equity Capital Markets Group encompasses sales,
trading, research and investment banking operations. The group has
over 300 employees including sales people, traders, analysts and
investment bankers working from institutional offices in Memphis,
New York, Boston, Atlanta, Nashville and Houston.
About Morgan Keegan & Company Inc.
Morgan Keegan & Company Inc., one of the nation’s largest
regional full-service brokerage and investment banking firms, is
the securities brokerage arm of Regions Financial Corporation
(NYSE: RF). Headquartered in Memphis, Tenn., Morgan Keegan serves
individual and institutional investors in over 300 offices in 19
states. Additional information about Morgan Keegan and Regions — a
member of the S&P 100 Index — can be found at
www.morgankeegan.com and www.regions.com.
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