Thomas Weisel Partners Group, Inc. Announces Key New Hires in the Energy and Mining Sectors
March 28 2008 - 2:00AM
Marketwired
SAN FRANCISCO, CA (TSX: TWP) announces key new hires in its
investment banking and research departments covering the energy and
mining sectors.
Expanding our energy investment banking practice in Calgary, we
recently hired Eamon Hurley, who brings over 14 years of legal and
industry experience to Thomas Weisel Partners. Most recently, Mr.
Hurley was the Vice President & General Counsel at TAQA North
Ltd., a wholly owned subsidiary of the Abu Dhabi National Energy
Company ("TAQA").
In research, we hired Kurt Molnar to cover Canadian oil and gas
exploration and production companies. Mr. Molnar is based in
Calgary and has over 17 years of industry experience, including
being a founder of a successful Canadian private exploration
company.
Deepening our research capabilities in the mining industry,
Heather Douglas joined our Toronto-based mining team and will cover
large capitalization gold mining companies. Ms. Douglas has 9 years
of research experience with BMO Capital Markets in New York and
Toronto.
Based in Denver, in research, we brought on Michael Scialla to
expand our Canadian energy expertise into the U.S. Before joining
Thomas Weisel Partners, Mr. Scialla held senior research positions
at A.G. Edwards and H.S. Resources analyzing oil and gas
exploration and production companies.
"We enter 2008 with a global reach spanning five countries and
15 offices. Through these new hire investments in our energy and
mining business, we plan to fully maximize the synergies that we
believe will result from our acquisition of Westwind Partners,"
said Thomas Weisel, Chairman and CEO.
"We believe that the fundamentals of our technology clients
remain strong and that the demand for resources and commodities,
the main drivers for our energy and mining clients continues to
grow. Although it is difficult to predict when the challenging
capital markets environment will change, we are well positioned to
take advantage of our diversified platform once the market
stability returns," continued Lionel F. Conacher, President.
About Thomas Weisel Partners Group, Inc.
Thomas Weisel Partners Group, Inc. is an investment bank,
founded in 1998, focused principally on the growth sectors of the
economy. Thomas Weisel Partners Group, Inc. generates revenues from
three principal sources: investment banking, brokerage and asset
management. The investment banking group is comprised of two
disciplines: corporate finance and strategic advisory. The
brokerage group provides equity and convertible debt securities
sales and trading services to institutional investors, and offers
brokerage, advisory and cash management services to high-net-worth
individuals and corporate clients. The asset management group
consists of: private equity, public equity and distribution
management. Thomas Weisel Partners is headquartered in San
Francisco with additional offices in Baltimore, Boston, Calgary,
Chicago, Cleveland, Denver, Montreal, New York, Portland, Silicon
Valley, Toronto, London, Mumbai and Zurich. For more information,
please visit www.tweisel.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements, which
are subject to risks, uncertainties and assumptions about us. In
some cases, you can identify these statements by forward-looking
words such as "may," "might," "will," "should," "expect," "plan,"
"anticipate," "believe," "estimate," "predict," "optimistic,"
"potential," "future" or "continue," the negative of these terms
and other comparable terminology. These statements are only
predictions based on our current expectations about future events.
There are important factors that could cause actual results, level
of activity, performance or achievements or other events or
circumstances to differ materially from the results, level of
activity, performance or achievements expressed or implied by these
forward-looking statements. These factors include, but are not
limited to, Thomas Weisel Partners' ability to implement its
strategic initiatives and achieve the expected benefits of the
acquisition of Westwind Partners, integrate Westwind Partners'
operations and retain its professionals, as well as competitive,
economic, political, and market conditions and fluctuations,
government and industry regulation, other risks relating to the
acquisition, including the effect of the completion of the
transaction on the companies' business relationships, operating
results and business generally and other factors. Some of the other
factors are those that are discussed in the "Risk Factors" section
of our Annual Report on Form 10-K for the year ended December 31,
2007, which is available on our website and at www.sec.gov. We do
not assume responsibility for the accuracy or completeness of any
forward-looking statement and you should not rely on
forward-looking statements as predictions of future events. We are
under no duty to update any of these forward-looking statements to
conform them to actual results or revised expectations.
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