LA-based investment bank B. Riley has hired Steve Reiner as a managing director and head of consumer investment banking. Previously, Reiner worked at Skechers USA where he served as senior vice president of strategy & business development.
LOS ANGELES, May 13, 2014 /PRNewswire/ — B. Riley & Co., LLC, (B. RILEY) (www.brileyco.com), a leading independent investment bank that provides a full array of corporate finance, research and sales & trading services, announced today the appointment of Steve Reiner as a Managing Director and Head of Consumer Investment Banking. Mr. Reiner, who will be based in B. RILEY’s Los Angeles headquarters, has approximately 20 years of investment banking experience while also serving for the past five years as a senior consumer industry executive.
Mr. Reiner began his career in 1988 with Salomon Brothers Inc. and in 1999 founded Oppenheimer & Co.’s Consumer Investment Banking practice. In 2007, Mr. Reiner joined Financo, an advisory firm focused on the Consumer sector, to open its Los Angeles office. Mr. Reiner moved to the operating side in 2009 when he joined Jessica’s, a leading wholesale agent of premium apparel brands focused on the off-price sector, as the company’s President. He was most recently with Skechers USA, Inc., a global retailer and wholesaler of lifestyle and performance footwear, as the company’s Senior Vice President of Strategy & Business Development.
Bryant Riley, Chairman of B. RILEY, said, “I am pleased to welcome Steve to the firm. His investment banking and corporate experience will build upon B. RILEY’s long-standing commitment to the Consumer sector as demonstrated by the firm’s highly regarded research expertise and capital markets platform.”
Mr. Reiner said, “B. RILEY enjoys a distinct position in the market, combining the advisory and capital markets platform of a full service firm with the nimbleness and entrepreneurial spirit of a boutique. I look forward to working with B. RILEY professionals to serve a wide range of consumer companies in the areas of M&A, the raising of equity and debt capital, and where there is a need for strategic counsel.”
Mr. Reiner is involved in a number of community activities and currently serves on the Board of the apparel industry charity K.I.D.S./Fashion Delivers as well as the Los Angeles Professional Services Committee that supports National Jewish Health. He earned his MBA and undergraduate degrees from the University of Virginia’s Darden School of Business and McIntire School of Commerce, respectively.
About B. Riley:
B. Riley & Co., LLC (B. RILEY) is a leading investment bank which provides a full array of corporate finance, research, and sales & trading to corporate, institutional and high net worth individual clients. Investment banking services include initial, secondary and follow-on offerings, institutional private placements, and merger and acquisitions advisory to public and private middle market companies. The firm is nationally recognized for its highly ranked proprietary equity research. Founded in 1997, B. RILEY is headquartered in Los Angeles and maintains offices in: New York, San Francisco, and Newport Beach. It is a member of FINRA and SIPC. For more information, please visit www.brileyco.com