Brean Capital Hires Joe Mannello and Brian McGrath as Executive Managing
Directors and Co-Heads of Debt Capital Markets
NEW YORK -- March 6, 2013
Brean Capital, LLC today announced that Joe Mannello and Brian McGrath have
joined the firm as Executive Managing Directors, and Mr. Mannello will serve
as a member of the firm’s Operating Committee. Together, they will lead the
firm’s Debt Capital Markets and Corporate Credit sales and trading efforts,
with a mandate to build out a middle market credit and distressed platform.
“We continue to attract and retain the best professionals in their respective
fields. Joe and Brian are terrific examples of the type of people who will
succeed on this platform – very skilled and highly ethical entrepreneurs, with
a long track record of building successful businesses designed to provide the
highest quality of client service,” said Robert M. Fine, CEO of Brean Capital.
“I worked closely with Joe and Brian in the past, and I know them to be
driven, dedicated professionals who will be great additions to the Brean team,
and will provide strong leadership for an important growth area for the firm.”
“The investment banking industry is currently undergoing tremendous financial,
regulatory and technological change. We believe that there is and will be
enormous opportunities for employee-partner driven firms to provide senior,
dedicated focus on tailored fixed income solutions for both corporations and
institutional investors,” said Joe Mannello. “Brean Capital has all the
elements I believe we need to be successful in today’s environment – a diverse
product set, a critical mass of experienced professionals, and an
employee-invested capital base which appropriately aligns everyone in the firm
to allow us to focus exclusively on our clients,” said Brian McGrath.
Mr. Mannello previously was Head of Corporate Credit for Gleacher & Company,
Inc., a publicly-traded investment bank. Prior to that, he was Head of the
Fixed Income Division of BNY Capital Markets, Inc., a subsidiary of The Bank
of New York Mellon Corporation. Mr. Mannello was previously the head of the
predecessor to BNY’s Division, Mendham Capital Group, Inc., which was founded
in 1992 and purchased by The Bank of New York in 1998.
Mr. McGrath was previously head of Distressed Credit Trading at Gleacher &
Company, Inc. Prior to that, he was a Portfolio Manager at Viathon Capital, a
Credit Hedge Fund. Prior to Viathon, Mr. McGrath ran the High Yield Bond Desk
at DB Securities Inc. Mr. McGrath received a BA degree in business from
Lafayette College and an MBA degree from the University of Pennsylvania.
About Brean Capital, LLC
Brean Capital is an independent investment bank and asset management firm. We
focus on delivering high-quality investment ideas and investment banking
services to institutional investors and corporate clients. Our services
include equity research, corporate finance and advisory investment banking,
equity institutional sales and trading, and asset management. Our fixed income
business provides sales, trading, research and banking services on a wide
range of mortgage and asset-backed, US Treasury and government agency
securities, structured products and corporate bonds.
Brean Capital, LLC
Robert M. Fine, 212-702-6533
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