Macquarie Capital, an investment and advisory firm, has named Mark Burton as a senior managing director focused on covering the banking sector within the financial institutions group. Previously, Burton worked at Evercore Partners where he served as a senior managing director and senior advisor.
NEW YORK–(BUSINESS WIRE)–Macquarie Group (“Macquarie”) (ASX: MQG; ADR: MQBKY) today announced that Mark Burton has joined Macquarie Capital as a Senior Managing Director focused on covering the banking sector within the Financial Institutions Group.
“We are delighted to announce that Mark is joining Macquarie,” said John Roddy, Senior Managing Director and Macquarie’s Global Head of Financial Institutions. “He provides unparalleled insights and relationships into the depository institutions industry as we seek to grow this core franchise.”
Mr. Burton, with more than 32 years of investment-banking experience, joins Macquarie Capital after nearly four years at Evercore Partners, where he was a Senior Managing Director and Senior Advisor. Prior to Evercore, Mr. Burton had worked at Lehman Brothers and Barclays Capital for 27 years in a number of senior roles, including Vice Chairman.
“Mark brings an exceptional level of knowledge and client commitment to Macquarie,” said Rob Redmond, Executive Chairman of Macquarie Capital in the US and Latin America. “Mark and I worked together for years at Lehman Brothers, and I regard him as one of the leading financial institution bankers on the Street, having advised on a number of the most significant acquisitions in the depository sector in his three decades of work in the industry. It’s great to have him on board at Macquarie.”
Among the transactions on which Mr. Burton has advised are: Banknorth’s sale to Toronto-Dominion, the sale of Riggs National to PNC Financial Services, and Charter One’s sale to Citizens Financial.
Macquarie’s growth in the financial institutions’ space includes the recent hiring of Andrew Guida, Managing Director in Macquarie Capital, to focus on banks, thrifts and specialty finance, and David Konrad as Head of US Banks research in Macquarie Securities.
Mr. Burton joined Macquarie Capital on December 4. He holds a BA from Dartmouth College.
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries and employs more than 13,900 people. Assets under management total approximately $359 billion at September 30, 2013.
Macquarie Capital provides advisory, capital raising and principal investing to corporate, financial sponsor and government clients involved in M&A, debt and equity fund raising, corporate restructuring, project finance and Public Private Partnerships. In the US, Macquarie Capital has continued to expand its client offerings, creating deep specialist sector expertise through targeted acquisitions and key hires, and building a comprehensive advisory and capital markets platform.
For more information, visit www.macquarie.com/us and www.macquarie.com/blueprint.