Business & Finance
Business and Finance
Business and Finance
Thu, January 8, 2009 Thomas Weisel Partners Group, Inc.: Thomas Weisel Partners Group, Inc. Announces Senior Hires in Healthcare Investment Banking
SAN FRANCISCO, CA--(Marketwire - January 08, 2009) - 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 ].
