Canaccord Hires Ex-UBS Banker Hedley for U.S. Technology Group

Canaccord Financial Inc., Canada’s largest non-bank brokerage, hired David V. Hedley III as a managing director as it expands its technology investment-banking group in San Francisco.

Hedley was previously at UBS AG (UBSN), where he was a managing director and head of the hardware and electronics supply-chain team, the Toronto-based firm said today in a statement. Hedley, who joins the company’s Canaccord Genuity unit, began his career at Merrill Lynch & Co. in New York, and also worked at Thomas Weisel Partners LLC.

Canaccord is also relocating Ben Gibson, the firm’s Montreal-based co-head of Canadian technology investment banking, to San Francisco as part of the expansion.

To contact the reporter on this story: Doug Alexander in Toronto at dalexander3@bloomberg.net

To contact the editors responsible for this story: David Scheer at dscheer@bloomberg.net; David Scanlan at dscanlan@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.