Southwest Securities Corporate Finance Team Growing
24 June 2009 - 6:01AM
PR Newswire (US)
DALLAS, June 23 /PRNewswire-FirstCall/ -- SWS Group, Inc.
(NYSE:SWS) announced today that its Southwest Securities, Inc.
subsidiary has recently added a significant number of new
investment bankers to its Corporate Finance team as part of a
strategy to grow its investment banking franchise under the
leadership of Jeffrey Singer, Executive Vice President & Head
of Corporate Finance. Southwest Securities' Chief Executive Officer
James Ross said, "After an initial period of assessing the
opportunity for growing our corporate finance business, Jeff and
SWS Group's senior management determined that a greater investment
in highly skilled and experienced professionals was necessary to
address the anticipated demand for these services within our target
market. As with our other businesses units, there is an
unprecedented opportunity to acquire talent today and build a
valuable corporate finance franchise. Our new team additions
reflect our continued commitment to this important part of our
company." During the past two months, the Corporate Finance team
has added three Managing Directors: Ben Koch, Paul Moorman and
David Tomizuka. Before joining Southwest Securities in April, Ben
Koch most recently served as Interim CFO of BroadStar Wind Systems
in Dallas, and before that he worked in Citigroup's investment
banking group covering Technology and Cleantech companies from
Citigroup's offices in New York, Palo Alto and Dallas. Paul Moorman
joins Southwest Securities from Lazard Freres' Energy Group in
Houston, which he joined after working at Citigroup where he
covered Energy, Building Products and other clients in the firm's
Dallas and New York offices. Before joining Southwest Securities in
May, David Tomizuka served as President of Valley-Dynamo, LLC, a
division of Brunswick Corporation, and has built extensive
executive experience in manufacturing and technology-driven
businesses after starting his career at Bankers Trust in New York.
Singer said, "We are excited to add Ben, Paul and Dave to our
existing team of experienced investment bankers. These gentlemen
bring decades of investment banking experience with major Wall
Street firms and have collectively completed more than $50 billion
of mergers & acquisitions, corporate sales and company
financings for middle market companies and larger corporations." At
Southwest Securities, the three new managing directors will focus
primarily on serving corporate executives, boards of directors and
investors in the Technology, Cleantech, Energy, Building Products,
Manufacturing and Business Services industries. In addition to the
new senior professionals, Southwest Securities has also added
several junior-level investment bankers to further increase the
transactional capacity of its Corporate Finance group. Singer
added, "With our significantly expanded Corporate Finance team,
Southwest Securities is now more than ever positioned to be a
trusted advisor for businesses looking to achieve important
strategic and financial objectives. Especially in today's turbulent
economy, our clients highly value SWS Group's experienced team of
professionals, solid financial stability, and our wide breadth of
relationships with both companies and investors." Publicly traded
on the New York Stock Exchange, SWS Group, Inc. is the largest
brokerage and investment banking firm headquartered in the
Southwest with nearly 1,200 employees and $4 billion in assets.
More information about Southwest Securities' Corporate Finance
Group, including the backgrounds of its professionals, can be found
at http://corporatefinance.swst.com/. DATASOURCE: SWS Group, Inc.
CONTACT: Jim Bowman, Vice President - Corporate Communications of
SWS Group, Inc., +1-214-859-9335, Web Site:
http://www.swsgroupinc.com/ http://corporatefinance.swst.com/
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