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, 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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