Thomas Weisel Partners Group, Inc. Announces Senior Hires in Healthcare Investment Banking and Brokerage
January 08 2009 - 9:00AM
Marketwired
Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG), a global
growth-focused investment bank, announced that Mark Dempster joined
the firm as a Managing Director in Investment Banking focused on
Healthcare, Steven Satov joined the firm as a Managing Director in
Institutional Sales and Kevin Tscherne joined the firm as a
Director in Trading focused on Healthcare. Mr. Dempster and Mr.
Tscherne will be based in Thomas Weisel Partners' New York office
and Mr. Satov in the firm's Toronto office.
"We are pleased to have these three high caliber professionals
join our brokerage and investment banking divisions. These
additions strengthen our commitment to expand our Healthcare team
as well as our institutional distribution capabilities in the
Canadian market," said Lionel F. Conacher, President and COO of
Thomas Weisel Partners. "The continued financial turmoil and
dislocation among the bulge bracket firms has created hiring
opportunities for us to selectively add senior talent to our
firm."
As the firm continues to build its Healthcare investment banking
practice, Mark Dempster, who has over 15 years of experience in
both investment banking and consulting, will focus on the
biotechnology and specialty pharmaceutical sub-sectors. Mr.
Dempster was most recently with Banc of America Securities in
Healthcare Investment Banking for the past five years. Prior to
Banc of America Securities, Mr. Dempster was a Vice President in
the Mergers & Acquisition group at JP Morgan Securities.
Steven Satov brings over 14 years of industry experience to the
firm and was most recently a Director of Institutional Equity Sales
at Merrill Lynch Canada, where he was responsible for selling U.S.
research into dedicated pools of U.S. capital in Canada, as well as
Canadian research into Montreal. Prior to Merrill Lynch Canada, Mr.
Satov was a Vice President at Goldman Sachs.
Kevin Tscherne brings 17 years of experience to the firm's
platform and was most recently Head of Healthcare Sector Trading at
Citigroup. Prior to Citigroup, Mr. Tscherne contributed to building
Bank of America's Healthcare trading platform and JP Morgan
Securities sector trading effort.
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 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