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Drewry Leaves Diamond Castle for RBC Capital Markets

Bill Drewry is joining RBC Capital Markets as an MD in its U.S. communications, media & entertainment investment banking group. He will be based in New York. Drewry was previously an operating partner with Diamond Castle Holdings.

PRESS RELEASE

RBC Capital Markets today announced the appointment of Bill Drewry to its U.S. Communications, Media & Entertainment Investment Banking group as a Managing Director. He is based in New York and will help lead RBC’s Media effort.

Drewry joins RBC Capital Markets from Diamond Castle Holdings, a leading NYC-based private equity firm where he was an Operating Partner overseeing the firm’s Media vertical. He has nearly 20 years of experience in the Communications, Media & Entertainment space at UBS and Credit Suisse. At UBS, Drewry was a Managing Director in the Global Media investment banking group responsible for leading the Entertainment and large cap Media sector client coverage. At Credit Suisse, Drewry served within Equity Research as Global Head of Media covering multiple media sectors. He was a top ranked analyst for 10 years, achieving a Number 1 ranking in Institutional Investor four times.

“We are pleased to welcome Bill, an industry veteran, to our banking platform,” said Blair Fleming, RBC Capital Markets’ Head of U.S. Investment Banking. “Bill’s coverage and relationships with both corporates and sponsors within the Media landscape will bring additional capabilities to RBC. Bill will leverage his knowledge and experience with large and mid-cap media companies in addition to emerging new media companies to expand our coverage of the sector.”

Drewry is the latest in a spate of hires announced by RBC Capital Markets’ U.S. Investment Banking platform. In April, the firm added three senior bankers including Joseph Carey, Managing Director in the Energy group; Doug Yablonski, Managing Director in the M&A group; and David Nadelman, Managing Director in the Loan Capital Markets group. Since January 2010, the group has added approximately 130 professionals in the U.S. and has increased its sector coverage by building out its Insurance and Finance teams.

RBC Capital Markets’ investment banking division currently covers 12 industries from the U.S., including Aerospace & Defense / Government Services; Communications, Media & Entertainment; Consumer & Retail; Energy; Financial Institutions; Industrials & Diversified Services; Infrastructure; Healthcare; Power & Utilities; Real Estate; Technology; and Transportation.

About RBC Capital Markets
RBC Capital Markets is the corporate and investment banking arm of RBC and is consistently ranked among the top global investment banks. With over 6,300 employees, RBC Capital Markets is active globally in fixed income, foreign exchange, infrastructure finance, ECM, metals & mining and oil & gas. Working with clients through operations in Asia, Australia, the UK, Europe, and in every major North American city, RBC provides capital markets products and services from 75 offices in 15 countries. RBC Capital Markets has major hubs in New York, Toronto, London, Sydney, Hong Kong, and Tokyo. For more information, please visit www.rbccm.com

For more information, please contact:  Elisa Marks, RBC Capital Markets, (212) 618-2057, elisa.marks@rbccm.com