FBR Announces Promotion of Daniel W. Blood to Head of Real Estate Investment Banking
07 May 2011 - 3:00AM
FBR Capital Markets Corporation (Nasdaq:FBCM) ("FBR" or the
"Company"), a leading investment bank serving the middle market,
announced today that Daniel W. Blood, Senior Managing Director and
Group Head of Investment Banking Corporate Finance, has
additionally been named Head of the Real Estate Industry Group. In
his new capacity, Mr. Blood will oversee the 15-person real estate,
gaming and lodging team within investment banking.
"Real estate has historically been a strong sector for FBR and
is a targeted growth area within our franchise," said James C.
Neuhauser, Executive Vice President and Head of Investment Banking.
"With Dan's strong transactional experience, longstanding
relationships within the real estate industry, and proven ability
to source and execute large transactions, we believe he is an ideal
choice to lead the team. Dan's leadership will be particularly
valuable as we are increasingly active in the credit markets."
Before joining FBR in 2008, Mr. Blood served as Co-Head of
Global Debt Capital Markets at Bear Stearns, having been with the
firm for more than 18 years in numerous senior positions in
investment banking and emerging markets. During his tenure at Bear,
he also served as Senior Managing Director of Strategic Finance in
Investment Banking and Managing Director in Investment Grade Debt
Markets and Emerging Debt Markets. Through his banking career,
Mr. Blood has successfully executed over 100 book-run transactions
raising more than $10 billion in capital for clients.
FBR Capital Markets Corporation (Nasdaq:FBCM) provides
investment banking, merger and acquisition advisory, institutional
brokerage, and research services through its subsidiary FBR Capital
Markets & Co. FBR focuses capital and financial expertise
on the following industry sectors: consumer; diversified
industrials; energy & natural resources; financial
institutions; insurance; real estate; and technology, media &
telecom. FBR Fund Advisers, Inc., a subsidiary of FBR Capital
Markets Corporation, provides clients with a range of investment
choices through The FBR Funds, a family of mutual funds. FBR is
headquartered in the Washington, D.C. metropolitan area with
offices throughout the United States and in London. For more
information, please visit www.fbr.com.
The FBR Capital Markets Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6405
CONTACT: Media:
Shannon Small
703.469.1190
ssmall@fbr.com
Investors:
Bradley J. Wright
703.469.1080
fbcmir@fbr.com
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