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D.A. Davidson names two MDs for new Denver office

D.A. Davidson & Co. has hired Steven Gilbertson and Tim Sznewajs as managing directors of the firm’s new Denver office. Previously, Gilbertson worked as an executive director in Oppenheimer & Co.’s energy investment banking team while Sznewajs was co-head and senior managing director at FMI Capital Advisors.

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D.A. Davidson expands Chicago team with new hire

Investment firm D.A Davidson & Co. has named Craig Korte as a managing director to the firm’s Chicago office. In his new position, Korte will focus on middle market industrial firms. Previously, Korte worked at Lazard where he served as a director in the firm’s middle market industrials group.

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D.A. Davidson opens New York City office

Investment firm D.A Davidson & Co. said Thursday that it has opened a capital markets office in New York City. Also, the firm has tapped Steve Shepard, managing director and Lou Luther, associate vice president of institutional sales, to open the office. Both Shepard and Luther report to Raoul Clark, who heads the firm’s institutional equity sales.

River Associates Buys Rose City Printing & Packaging

River Associates Investments has acquired a controlling stake in Rose City Printing & Packaging via a recap. Rose City’s management increased their ownership in the company. Financial terms were not announced. Vancouver, Wash.-based Rose City is a folding carton manufacturer. D.A. Davidson & Co. served as financial advisor to Rose City.

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