Williams Capital Strengthens Muni Presence With Sacramento Office And New Hires
NEW YORK, Oct. 16, 2012 /PRNewswire/ -- The Williams Capital Group, L.P, a leading boutique investment bank, announced today that it has recently hired public finance veteran Sean Boyea as a principal in the firm's newly created Sacramento Office. Mr. Boyea will report to Jacqueline Knights, Head of Municipal Finance, and will manage the firm's West Coast investment banking operation.
"We're excited to have Sean join the firm. He brings extensive experience and relationships that will enable Williams Capital to deepen our coverage of California clients and expand our capabilities within the State," said Ms. Knights. "Establishing a California presence underscores the firm's commitment to the State and our municipal business. Sean is the best candidate to lead that effort."
According to Mr. Boyea, the firm's successful launch into the municipal investment banking business presents a unique opportunity. "Williams Capital is recognized for its leadership and excellence across various lines of business. Its diverse and unique business platform, provides a firm foundation to build upon and further expand our valuable services to municipal enterprises"
Mr. Boyea, a 25-year veteran in public finance, previously held senior investment banking positions with Goldman Sachs, Morgan Stanley, and M. R. Beal and senior strategic and financial advisory positions with Boyea Capital Markets and Public Financial Management.
In addition, Williams Capital has hired James Carter as a Vice President in the firm's Chicago office. Mr. Carter, formerly with Jackson Securities, joins Williams Capital to increase the firm's coverage of clients in the Midwest.
"James is a talented and motivated banker and I am excited that he has joined our team," Ms. Knights said. Mr. Carter previously held municipal finance positions at Jackson Securities and Cabrera Capital Markets, and began his investment banking career at JPMorgan.
Williams Capital also added James "Rick" Cahill, a 30 plus year veteran to its municipal sales team. Mr. Cahill most recently worked at Lebenthal. In addition, Peter Nahlen, formerly with Rice Financial Products Company and Donovan Hamlet, formerly with Halcyon Cabot Partners have joined as Associates.
"I am pleased with the development of our municipal practice and am encouraged by the growth of our client base," says Christopher Williams, Chairman and Chief Executive Officer of The Williams Capital Group, L.P. "We have made these strategic hires to enhance the delivery of quality services to our clients. Our growth strategy will continue to focus on performance and distribution," he added.
Since commencing full service municipal operations in February 2010, Williams Capital has participated in the sale and distribution of over $110 billion of municipal securities. The firm continues to secure increasing mandates with more significant positions within the underwriting syndicates. The firm is a member of underwriting pools for issuers nationally including California, Connecticut, New York, Illinois, Massachusetts, Ohio and the cities of Chicago, Philadelphia, Baltimore, among others. Williams Capital is a leading underwriter of fixed income securities and has ranked among the top 20 underwriters of U.S. Investment Grade Securities in each of the last 10 years, giving credit to each manager, and is ranked number one when compared to MBE firms, according to Thomson Reuters.
ABOUT THE WILLIAMS CAPITAL GROUP, L.P.
Established in January 1994, Williams Capital provides a full range of investment banking and underwriting services to a wide range of clients including governments, municipalities and corporations. Headquartered in New York, Williams Capital maintains 8 offices nationally. Through its wholly owned registered investment adviser subsidiary, the firm also manages a variety of investment grade and below investment grade fixed income strategies for a variety of institutional clients. For more information, visit http://www.willcap.com.
SOURCE The Williams Capital Group, L.P.