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.
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