Brean Capital Hires Joe Mannello and Brian McGrath as Executive Managing Directors and Co-Heads of Debt Capital Markets Business Wire 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. www.breancapital.com Contact: Brean Capital, LLC Robert M. Fine, 212-702-6533 RFine@breancapital.com
Brean Capital Hires Joe Mannello and Brian McGrath as Executive Managing Directors and Co-Heads of Debt Capital Markets
Press spacebar to pause and continue. Press esc to stop.