Thomas Weisel Partners Group Expands Its Research, Institutional Sales and Investment Banking Groups
December 10 2009 - 5:14PM
Marketwired
Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG), a global
growth-focused investment bank, today announced the addition of
five professionals in Brokerage and Investment Banking: George
Topping has joined as a senior mining analyst covering Base Metals,
Sapna Srivastava will join as a senior healthcare analyst covering
Biotechnology, John Ragozzino has joined as an energy analyst
covering U.S. Exploration & Production, Marty Flynn has joined
as a Director in Institutional Sales based in Dallas and Steven
Foland has joined as a Managing Director in Investment Banking
focused on the financial sponsor and venture capital-backed
companies in Asia, with a particular focus on those companies in
China.
"We are committed to selectively adding talented professionals
to help us grow our business. These five respected professionals
exemplify that commitment. Each one is distinguished in their
respective area and brings deep institutional knowledge and a broad
client base," said Lionel F. Conacher, President and COO of Thomas
Weisel Partners Group. "Our clients will benefit from our expanded
coverage of growth companies in the mining and energy sectors with
George and John's extensive knowledge of the space. Sapna is a
highly ranked analyst with a proven track record covering biotech
companies. Marty's addition expands our geographical sales coverage
focusing on accounts based in Texas. And, given the strong growth
opportunities in Asia, Steven will spearhead our China initiative
focusing on financial sponsor and venture capital-backed
companies."
Mr. Topping has 10 years of experience in the mining industry
and 14 years as a sell-side analyst, most recently with Blackmont
Capital. Mr. Topping received his undergraduate degree in Mining
Engineering from the University of Strathclyde in Glasgow,
Scotland. He is based in the firm's Toronto office.
Ms. Srivastava brings 10 years of industry experience to the
firm and was most recently a senior biotech analyst at Morgan
Stanley, where she was ranked as a Best Stock Picker by the Wall
Street Journal (#2) and Forbes. Ms. Srivastava received her Ph.D.
in Neuroscience from New York University School of Medicine. She
will start in January 2010 and will be based in the firm's New York
office.
Mr. Ragozzino had been covering the Exploration & Production
sector at Wells Fargo Securities (formerly known as Wachovia
Securities) for the past three years and prior to that he was with
Stifel Nicolaus, where he began his sell-side career in 2003. Mr.
Ragozzino received his undergraduate degree from the University of
Colorado at Boulder and holds a CFA designation. He is based in the
firm's Denver office.
With the recent additions in Research, the firm's total number
of research analysts increases to 35 with 494 stocks under
coverage. The resource sector, which includes energy and mining,
comprises 27% of the firm's total research coverage.
Mr. Flynn brings 13 years of industry experience to the firm,
most recently with Jefferies. He has covered accounts in Texas for
the past eight years. Mr. Flynn received his MBA from the
University of Texas at Austin and is based in the firm's Dallas
office.
Mr. Foland has over 15 years of experience at both bulge bracket
and growth equity investment banks. He has spent approximately 10
years as a resident in Hong Kong while conducting business across
non-Japan Asia. Mr. Foland received a J.D. from the University of
Notre Dame Law School and is based in the firm's San Francisco
office.
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 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, Dallas, Denver, New York, Portland, Toronto, London 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 the firm's 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, the state of the financial markets and the economy,
particularly as they relate to the growth sectors that the firm is
focused on, Thomas Weisel Partners' ability to implement its
strategic initiatives and achieve the expected benefits of the
acquisition of Westwind Partners, retain its professionals, as well
as other competitive, economic, political, and market conditions
and fluctuations, government and industry regulation, risks
relating to the acquisition of Westwind Partners, 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 the firm's Annual Report
on Form 10-K for the year ended December 31, 2008 and in the firm's
Quarterly Reports on Form 10-Q filed with the SEC thereafter. The
firm does 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.
The firm is under no duty to update any of these forward-looking
statements to conform them to actual results or revised
expectations.
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