Morgan Joseph Adds Three Managing Directors In Corporate Finance; Two Senior Vice Presidents Also Join High Yield Department.Business Editors NEW YORK--(BUSINESS WIRE)--Oct. 15, 2003 Morgan Joseph & Co. Inc., a full-service investment bank focused on middle market companies, announced today the addition of three new Managing Directors to the firm's 50-person Corporate Finance Department. The firm also reported that two new Senior Vice Presidents have joined its High Yield Department. The new Corporate Finance appointments are Evan Klein, Peter G. LaFleche, and S. Randy Lampert. Joining Morgan Joseph's High Yield Department sales group are Connell Byrne and James Platek. The department, which began operations at the start of this year, now is comprised of a trading, research and marketing staff of 16 people. "These additions signify the continued growth of our firm to enhance Morgan Joseph's capability to better serve our expanding roster of clients," said John F. Sorte, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Our firm's focus on middle market companies, and the need for a national investment bank to exclusively service this group, is certainly being validated by our experience to date. We are delighted to welcome these new members of our team." Mr. Klein, with 15 years of investment banking experience, has been a Director of Investment Banking and Head of Media, and Entertainment at SG Cowen Securities. Previously, he was a Principal at Prudential Securities, and a Vice President at Allen & Company Incorporated. Mr. LaFleche, prior to launching his own firm in 2001, had been Managing Director and Head of the Consumer Group at Needham & Company, Inc. Previously, he was with Dillon, Read & Co. Inc. (now UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System Warburg LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ) for 15 years. Mr. Lampert has been head of the Leveraged Finance Group at Nomura Securities and at Solomon Brothers, and formerly was a partner at Patricof Capital Corp. In the high yield area, Connell Byrne specialized in distressed securities Distressed Securities A company that is currently going through hard times and, as a result, the market value of its securities or assets fall substantially in value. Notes: These securities then become attractive to bottom fishers or vultures. at ISI ISI International Sensitivity Index, see there Capital, and held similar positions at Stifel, Nicolaus & Co., Kemper Securities (acquired by First Union), and Drexel Burnham Lambert Drexel Burnham Lambert was a major Wall Street investment banking firm, which first rose to prominence and then was driven into bankruptcy in the 1980s by its involvement in illegal activities in the junk bond market, driven by Drexel employee Michael Milken. . James Platek was formerly with Fieldstone field·stone n. A stone occurring naturally in fields, often used as a building material. Noun 1. fieldstone - stone that occurs naturally in fields; often used as building material Capital and Morgan Stanley Dean Witter. He also has been on the buy side with Plymouth Partners. About Morgan Joseph Morgan Joseph & Co. Inc., is a full service investment bank serving middle market companies. The firm is involved in providing financial advisory and capital raising services including M&A and restructuring advice, and equity and debt private placements and public offerings. In addition, Morgan Joseph provides equity and high yield debt research and trading for institutional clients. Morgan Joseph's staff includes over 50 investment bankers, who are all highly experienced professionals from major Wall Street firms and intimately familiar with the issues facing middle market companies. Offices are in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Nashville, Tennessee, and Rochester, New York This article is about the city of Rochester in Monroe County. For the town in Ulster County, see Rochester, Ulster County, New York. Rochester, once known as The Flour City, and more recently as The Flower City or . |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion