LA-based investment bank B. Riley has hired Michael Guzman as senior managing director, head of corporate and venture services. Prior to joining the firm, Guzman worked at Cantor Fitzgerald where he served as managing director and head of its corporate and venture services group.
LOS ANGELES, Aug. 26, 2014 /PRNewswire/ — B. Riley & Co. LLC, (B. RILEY) www.brileyco.com, a leading investment bank which provides a full array of corporate finance, research, and sales and trading services today announced that it is expanding its Corporate Services Group and that industry veteran Michael Guzman has joined as Senior Managing Director, Head of Corporate and Venture Services.
Mr. Guzman joins B. RILEY following a 12-year career at Cantor Fitzgerald & Co. where he was Managing Director and head of its Corporate & Venture Services Group. At B. RILEY, he will focus on the needs of Institutional, Corporate, Private Equity and Venture Capital clients, providing such services as managed stock buybacks, Rule 144 Insider Sales, block transactions, prospectus sales, and private market transactions. Prior to Cantor Fitzgerald, Mr. Guzman worked in Private Wealth Management at UBS, specializing in 401k solutions.
“We have been opportunistically expanding our firm to address the broad array of capital raising and investing needs of our corporate, institutional and high net worth clients,” said Bryant Riley, Chairman.
“Our Corporate Services Group has grown to the point where we now require a dedicated team which can collaboratively work with our investment banking, asset management and alternative products platforms,” he continued. “Michael has a tremendous track record in Corporate Services and brings a level of energy needed to expand this important business segment. We are pleased that he has joined B. RILEY to lead the effort.”
About B. Riley & Co., LLC
B. Riley & Co. LLC, (B. RILEY) is a leading investment bank which provides 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 mergers and acquisitions advisory to public and private companies. The firm is nationally recognized for its highly ranked proprietary equity research.
B. RILEY recently combined with Great American Group, Inc. (OTCBB:GAMR), a leading provider of advisory and valuation services, asset disposition and auction solutions, capital investment, and real estate advisory services.
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 or call 310-966-1444.