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ARVIND SANGER TO JOIN WASSERSTEIN PERELLA SECURITIES

 NEW YORK, Jan. 18 /PRNewswire/ -- Wasserstein Perella Securities, Inc., announced today that Arvind S. Sanger will join the firm.
 Mr. Sanger has been a partner in the New Orleans-based firm Johnson Rice & Co. At Wasserstein Perella, he will serve as an equity research analyst with responsibility for following oil services and other energy companies. Sanger, a CFA, has been with Johnson Rice & Co. for approximately five years.
 Joe Stein, head of Wasserstein Perella's equity unit, commented, "We have been determined and deliberate in searching for the highest quality analysts for our key areas of focus. Accordingly, we are extremely pleased to bring someone with Arvind's credentials and capabilities on board."
 Wasserstein Perella Securities, Inc., has maintained a strong presence since 1989 in high yield sales and trading through its Grantchester Securities Division. Wasserstein Perella Securities, Inc., entered the equity business in 1992 and co-managed the IPO of Maybelline, Inc., in December 1992.
 -0- 1/18/93
 /CONTACT: Mike Biondi of Wasserstein Perella, 212-969-2668; or Fred Garcia or Susan Loewe of Clark & Weinstock, 212-953-2550, for Wasserstein Perella/


CO: Wasserstein Perella Securities, Inc. ST: New York IN: FIN SU: PER

GK-LR -- NY055 -- 5924 01/18/93 13:55 EST
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Publication:PR Newswire
Date:Jan 18, 1993
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