Business & Finance
Business and Finance
Business and Finance
Mon, February 23, 2009 Broadpoint Capital Expands Debt Capital Markets Division
NEW YORK--([ BUSINESS WIRE ])--Broadpoint Capital, Inc., a broker-dealer subsidiary of Broadpoint Securities Group, Inc. (NASDAQ: BPSG), today announced that Doug Colandrea has joined the firm as a Managing Director in the Debt Capital Markets division, with responsibility for research in the telecom, cable, media, and entertainment sectors.
Doug Colandrea was most recently employed at JP Morgan where he was a Managing Director in the Portfolio Strategies group with the FAST (Financial Analytics and Structured Transaction) department. Prior to JP Morgan, he was a Senior Managing Director at Bear Stearns from 2002 until 2008 where he was head of corporate bond research. He has been an Institutional Investor-ranked analyst covering the telecom/cable, and media/entertainment sectors for the past eleven consecutive years in one or both categories. Prior to Bear, Doug was employed for six years as a senior credit analyst at Morgan Stanley where he joined from Prudential Insurance. Doug earned his B.S. degree from Wilkes University and an MBA in finance from Fordham University.
Lee Fensterstock, Chief Executive Officer, said, "Quality research and innovative investment ideas are critical to enabling our clients to meet their investment objectives. We are excited to have a professional with Doug's track record of success join our firm and complement our growing debt capital markets franchise."
About the Company
Broadpoint Securities Group, Inc. (NASDAQ: BPSG) is an independent investment bank that provides corporations and institutional investors with strategic, research-based investment opportunities, capital raising, and financial advisory services, including merger and acquisition, restructuring, recapitalization and strategic alternative analysis services. The Company offers a diverse range of products through the Debt Capital Markets, Investment Banking and Broadpoint DESCAP divisions of Broadpoint Capital, Inc., its Equity Capital Markets subsidiary, Broadpoint AmTech, and FA Technology Ventures Inc., its venture capital subsidiary. For more information, please visit [ www.bpsg.com ].
Forward Looking Statements
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