Thomas Weisel Partners Group, Inc. Announces New Senior Hires in M&A, Software Investment Banking and Brokerage
September 17 2008 - 8:15AM
Marketwired
Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG) (TSX: TWP), a
growth sector focused investment bank, announced that Seth Ferguson
joined the firm as Managing Director and Co-Head of Mergers &
Acquisitions, Christopher Poggi joined as Managing Director for
Investment Banking focused on Software and Douglas Leo joined as
Head of Commission Management for Brokerage. Mr. Ferguson and Mr.
Poggi will be based in Thomas Weisel Partners' San Francisco office
and Mr. Leo in the New York office.
"We are delighted to have Seth Ferguson and Chris Poggi join the
team to assist us in building out our advisory and software
businesses, franchises where we expect to see strong growth
opportunities in the future," said Bill McLeod, Co-Head of
Investment Banking at Thomas Weisel Partners. "Turmoil in the
capital markets and the resulting disruption among bulge bracket
firms has created the opportunity for us to add high caliber talent
to our team. We plan to continue to hire opportunistically in the
coming months."
Mr. Ferguson brings over 20 years of industry experience and was
previously a Managing Director and Global Head of Technology
M&A at UBS in San Francisco responsible for building and
managing the Technology M&A practice. Prior to UBS, he was
Co-Head of M&A at Robertson Stephens. Mr. Poggi brings 15 years
of experience and was most recently an Executive Director at J.P.
Morgan ("JPM") where he was responsible for the software sector in
the firm's Technology Investment Banking Group. Prior to the eight
years he spent at JPM, Mr. Poggi worked at Salomon Smith Barney and
AG Edwards.
"These strategic hires bring extensive experience to our
investment banking platform. Building on our Mergers &
Acquisitions franchise, Seth Ferguson strengthens our West Coast
presence with his deep transaction expertise. Chris Poggi's client
relationships, sectoral knowledge and broad transactional expertise
complement our established software team and broaden the West Coast
effort," added Brad Raymond, Co-Head of Investment Banking at
Thomas Weisel Partners.
On our brokerage platform, we are pleased to announce that Doug
Leo has joined as head of Commission Management. Mr. Leo will work
closely with all groups on the brokerage platform to monetize our
research, client relationships and execution abilities. Mr. Leo,
who was most recently with Lehman Brothers, brings 13 years of
experience in commission management to our firm.
"With commission management agreements being used by an
increasing number of our customers, it's important for TWP to have
a client friendly strategy that allows us to compete with both
larger firms and focus firms," said Tony Stais, Head of Trading at
Thomas Weisel Partners.
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 Item 1A - "Risk Factors" in
our Annual Report on Form 10-K for the year ended December 31, 2007
and in our Quarterly Reports on Form 10-Q filed with the SEC
thereafter. 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.
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, New York, Portland, Silicon Valley,
Toronto, London, Mumbai and Zurich. For more information, please
visit www.tweisel.com.
Thomas Weisel (NASDAQ:TWPG)
Historical Stock Chart
From Jun 2024 to Jul 2024
Thomas Weisel (NASDAQ:TWPG)
Historical Stock Chart
From Jul 2023 to Jul 2024