Global financial services firm BTIG has named William Buchanan, Jr. as head of investment banking and Graham Powis as head of capital markets. Prior to joining BTIG, both worked at Lazard with Buchanan serving as CEO of capital markets and Powls working as head of U.S. equity capital markets. Also, the firm has promoted K.C. Stone to head of healthcare investment banking. Stone first came on board at BTIG as a managing director.
July 21, 2014 08:30 AM Eastern Daylight Time
NEW YORK–(BUSINESS WIRE)–BTIG LLC, a global financial services firm specializing in institutional trading, investment banking and related brokerage services, announced today that it has hired William Buchanan and Graham Powis as part of the expansion of its Investment Banking and Capital Markets groups.
William B. Buchanan, Jr. has joined BTIG as Head of Investment Banking. Bill has spent the last seven years as CEO of Lazard Capital Markets in New York. Prior to Lazard, Bill worked at Cowen for eight years running Capital Markets. Graham Powis has joined BTIG as Head of Capital Markets. Graham spent the last seven years at Lazard as Head of U.S. Equity Capital Markets. Prior to that, he worked at Cowen for nine years where he ultimately ran the firm’s Equity Capital Markets division.
BTIG also announced the promotion of K.C. Stone to Head of Healthcare Investment Banking. K.C. joined BTIG’s Corporate Finance group in 2012 as a Managing Director. Prior to that, K.C. worked at Wedbush where he ran the Life Science Investment Banking group. Prior to that, he ran the Private Placement groups at Wedbush PacGrow and Pacific Growth Equities.
“We are very excited to add Bill, Graham and K.C. to BTIG’s management team as we continue to build our investment banking and capital markets capabilities. Their deep transactional experience and long-standing relationships in combination with BTIG’s market-leading distribution platform will provide our Corporate Finance clients with highly-effective execution capabilities as they address the capital markets,” said Scott Kovalik, CEO and Co-Founder of BTIG.
The addition of Bill, Graham and the promotion of K.C. represent BTIG’s latest moves to expand its investment banking and capital markets efforts. In addition, BTIG has been recently expanding their research capability, which now includes tenured professionals and publishing research analysts covering global strategy, technical strategy, consumer, financials, healthcare, media, entertainment, cable and satellite, internet, communications equipment, telecom services and special situations sectors. This month BTIG also hired Hartaj Singh as a Biotechnology Analyst and Dane Leone as a Diagnostics and Life Sciences Analyst.
BTIG, LLC is a global financial services company offering products and services across Equity Trading, Derivatives, Fixed Income, Futures & Commodities, Foreign Exchange, Convertible/Preferred Securities, Corporate Access, Equity Research, Corporate Finance, Capital Markets, Prime Brokerage, Electronic Trading and Outsource Trading. With U.S. offices located in New York, San Francisco, Dallas, Boston, Chicago, Los Angeles, Purchase, Red Bank and Atlanta, and overseas affiliates located in London, Hong Kong, Singapore and Sydney, BTIG, including through its affiliates, employs more than 450 professionals worldwide.