Hootnick Joins Broadpoint Capital

Mark Hootnick has joined Broadpoint Capital as a managing director in the firm’s recapitalization and restructuring group. He previously was a managing director with Imperial Capital.

 

PRESS RELEASE 

Broadpoint Capital, Inc., the broker-dealer subsidiary of Broadpoint Securities Group, Inc. (BPSG) today announced that Mark Hootnick joined the firm as a Managing Director in their Recapitalization and Restructuring group. Mr. Hootnick was previously a Managing Director at Imperial Capital and prior to that was a Managing Director at Greenhill & Co and Miller Buckfire.

Mr. Hootnick, a restructuring veteran, has worked for debtors, creditors, and other interested parties on a wide variety of restructuring assignments both in Chapter 11 and in negotiated out-of-court processes. He began his career as a lawyer with Kramer, Levin, Naftalis & Frankel.

Mr. Hootnick is a graduate of New York University School of Law and received his undergraduate degree in finance from Lehigh University.

Lee Fensterstock, Chairman and CEO of Broadpoint Securities Group said, “We are pleased and excited to add Mark’s substantial industry experience to our firm as we expand our recapitalization and restructuring efforts.”

Tim O’Connor, Executive Managing Director and Head of Investment Banking said, “I’ve worked closely with Mark in the past and look forward to working with him at Broadpoint to expand our footprint in this growing practice area.”

About the Company

Broadpoint Securities Group, Inc. (NASDAQ: BPSG) is an independent investment bank that serves the growing institutional market and corporate middle market by providing clients with strategic, research-based investment opportunities, as well as advisory and financing services. The Company offers a diverse range of products through Broadpoint Capital, Inc. its fixed income, equities and investment banking subsidiary, as well as Broadpoint Securities, Inc., its mortgage-backed security/asset-backed security trading subsidiary, and FA Technology Ventures Inc., its venture capital division.