Baird Adds Director to Real Estate Team

Asset management firm Baird has added Adam M. Lefkowitz as a director to the firm’s real estate investment banking team. He will work in Baird’s McLean, Virginia office.

PRESS RELEASE

Baird, an employee-owned, international capital markets, private equity,
wealth and asset management firm, today announced that it has added Adam M. Lefkowitz as a Director to
the firm’s Real Estate Investment Banking team. Lefkowitz will help support the team’s efforts to
increase its private placement activity broadly across the sector, as well as deal flow on behalf of
public and private leisure and hospitality companies. He will work in Baird’s McLean, Virginia office.
Prior to joining Baird, Lefkowitz was a Senior Vice President in the Real Estate Investment Banking group
with FBR & Co. (NASDAQ: FBRC). During his five years at FBR, Lefkowitz completed numerous advisory
and capital raising transactions for public and private companies with a particularly strong focus on the
lodging and gaming industries. Prior to his experience at FBR, Lefkowitz was the Director of Capital
Planning for The Mills Corporation, a formerly publicly traded real estate investment trust that developed,
owned, and operated major super-regional shopping malls. Lefkowitz began his career in the lodging sector
working for Marriott International (NYSE: MAR). He received a bachelor of science degree in Finance and
International Business from Penn State University and a master of business administration from Virginia
Tech.
“We are very pleased that Adam has decided to continue his career at Baird,” said Steve Goldberg, head of
Real Estate Investment Banking at Baird. “Baird has made significant investments in talent in the Real Estate
space. Adam is yet another example of those investments. The additional expertise has helped us achieve
great momentum in the sector, and we’re confident that Adam’s addition to the team will only enhance that
momentum.”
In addition to Lefkowitz, Baird added Lindsey Houser, Director, in December and Managing Directors Jim
O’Brien and Jeff Rogatz last October to its Real Estate Investment Banking team. The team has had an active
2012. Since the beginning of the year the team has underwritten approximately $1.5 billion in public equity
offerings and advised on the sale or recapitalization of over $1 billion in real estate transactions.
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About Baird Investment Banking
Recognized as the 2011 “Investment Banking Firm of the Year” by The M&A Advisor, Baird is a leading
global investment bank focused on the middle market. Approximately 200 investment banking professionals
in the U.S., Europe and Asia provide corporations, private equity and venture capital firms with in-depth
market knowledge and extensive experience in merger and acquisition and equity financing transactions. Since
2007, Baird has advised on more than 230 M&A transactions representing $43 billion in transaction value and
has served as lead or co-manager on 250 equity offerings raising more than $76 billion. Baird has received
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“Deal of the Year” recognitions from The M&A Advisor for seven years running, demonstrating commitment
to attaining great outcomes for clients.
About Baird
Baird is an employee-owned, international wealth management, capital markets, private equity and asset
management firm with offices in the United States, Europe and Asia. Established in 1919, Baird has more
than 2,700 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has
more than $94 billion in client assets. Committed to being a great place to work, Baird ranked No. 21 on
FORTUNE’s 100 Best Companies to Work For in 2012 – its ninth consecutive year on the list. Baird’s
principal operating subsidiaries are Robert W. Baird & Co. in the United States and Robert W. Baird Group
Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s private equity operations.