ROTH Capital Partners has hired Eric B. Cheng as managing director, head of healthcare investment banking. Previously, Cheng worked at Maxim Group where he served as senior managing director, head of healthcare investment banking.
NEWPORT BEACH, Calif., April 27, 2017 /BusinessWire/ — ROTH Capital Partners (ROTH), www.roth.com, a full service investment bank focused on serving emerging growth companies and their investors, today announced that Eric B. Cheng has joined the firm as Managing Director, Head of Healthcare Investment Banking.
Mr. Cheng joins ROTH from Maxim Group where he was Senior Managing Director, Head of Healthcare Investment Banking. Eric has over 20 years of investment banking experience and has completed over 130 equity, debt and M&A transactions, representing over $8.5 billion in aggregate value. He has advised and raised capital for a wide range of biotechnology, specialty pharmaceutical, medical device and healthcare services companies. Prior to joining Maxim, Mr. Cheng was Director of Life Sciences Investment Banking at BMO Capital Markets and also co-founder and Senior Vice President of the healthcare investment banking group of WR Hambrecht & Co. He has also been an investment banker with Deutsche Bank Securities and Lehman Brothers. Mr. Cheng began his career as a public accountant at Deloitte & Touche.
“Eric’s extensive credentials in the Healthcare sector will reinforce our firm’s expertise in capital transactions and advisory services for emerging companies in the industry,” said Byron Roth, CEO of ROTH Capital Partners. “We are excited for Eric to join our team as he brings significant experience that will help us drive our Healthcare banking practice.”
Mr. Cheng commented, “I am delighted to begin this next phase of my career with ROTH and to join a prominent and highly regarded full service investment bank serving growth companies. I look forward to working with the resources that ROTH has committed to enhancing a first-rate Healthcare practice.”
Since 2010, ROTH has assisted its Healthcare clients in raising over $12.7 billion in approximately 360 transactions. (Source: ROTH Capital Partners | 04/25/2017)
Mr. Cheng earned his undergraduate degree from UCLA and has his M.B.A. from Columbia University. He will be working at the firm’s New York office.
About ROTH Capital Partners, LLC:
ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains offices throughout the U.S.
For more information on ROTH, please visit www.roth.com.