FBR Hires Sanjay K. Shrestha as Investment Banking Managing Director
14 November 2013 - 8:10AM
Aditya Satghare Joins as VP, Research
Analyst
Shrestha Brings 15 Years of Experience to
Energy Banking Team
FBR & Co. (Nasdaq:FBRC) ("FBR" or the "Company"), a leading
investment bank serving the middle market, announced today that
Sanjay K. Shrestha has been hired by the Company to join its
Investment Banking division. Mr. Shrestha will focus on the
renewable energy sector, which he has covered as an Equity Research
Analyst for the last fifteen years. FBR has also hired Aditya
Satghare to join the Research department and cover the renewable
energy sector.
"Having been a successful and highly respected analyst in the
alternative energy space for over a decade, Sanjay brings
tremendous industry knowledge and significant relationships with
potential corporate banking clients," said Kenneth P. Slosser,
Executive Vice President and Head of Investment Banking at FBR.
"FBR has long been an important partner for small and mid cap
companies in the Industrials and Energy spaces and we believe
Sanjay will be a significant contributor to our efforts going
forward."
"Aditya has terrific experience on the award-winning Energy
research team at Lazard Capital Markets," offered David Hilal,
Senior Managing Director and Director of Research at FBR. "His
analytical insights, combination of buy and sell side experience,
and industry knowledge will serve him well as a publishing analyst
and member of the FBR research team. I am confident he will bring
value-add ideas to FBR's institutional clients and will leverage
our well-received 'Debate' investment framework."
Most recently Mr. Shrestha served as Managing Director of Equity
Research at Lazard Capital Markets (LCM) where he was head of
global alternative energy and industrial sustainability. During his
tenure at LCM, he won numerous accolades and industry awards for
his market leading coverage of the energy sector. Prior to joining
LCM, he held a similar position at First Albany Capital and began
his career at C.L. King & Associates. Mr. Shrestha earned a
B.S. from the College of St. Rose in Albany, NY. He will be based
in FBR's New York office.
Mr. Satghare also comes to FBR from Lazard Capital Markets where
he worked in the research department focusing on advanced
transportation, energy efficiency and renewable energy sectors.
Prior to joining Lazard, Mr. Satghare held similar positions at
Diamondback Capital Management and CitiGroup Global Asset
Management. He earned a B.E. in Mechanical Engineering from the
University of Mumbai and an M.S. in Financial Engineering from NYU
Polytechnic Institute. He will be based in FBR's New York
office.
FBR & Co. (Nasdaq:FBRC) 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; healthcare; insurance; real
estate; and technology, media & telecom. FBR is headquartered
in the Washington, D.C. metropolitan area with offices throughout
the United States. For more information, please visit
www.fbr.com.
CONTACT: Investors: Bradley J. Wright at 703.312.9678 or bwright@fbr.com
Media: Shannon Small at 703.469.1190 or ssmall@fbr.com
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