NEW YORK, July 7, 2015 /PRNewswire/ -- Chardan Capital Markets, a privately held investment banking firm announced today that Andrew Arno has been appointed as "Vice Chairman of The Special Equities Group".
Mr. Arno has 30 years of experience working with emerging growth companies. From 2009 to 2012, Mr. Arno served as Vice Chairman and Chief Marketing Officer of Unterberg Capital, LLC, an investment advisory firm that he co-founded. He was also Vice Chairman and Head of Equity Capital Markets of Merriman Capital LLC, an investment banking firm, and served on the board of the parent company, Merriman Holdings, Inc. Mr. Arno currently serves on the boards of Smith Micro Software, Inc., Asterias Biotherapeutics and Oncocyte Corp. The majority of Mr. Arno's career had been at C.E. Unterberg Towbin, a highly regarded boutique investment bank focused on Technology and Healthcare. Mr. Arno is a graduate of George Washington University.
"Chardan and the Special Equity Group's reputation and industry leadership is what attracted me to return," said Andy Arno, the new Vice Chairman of the Special Equities Group.
"Andy's wealth of experience will be invaluable in expanding Chardan's platform and helping the Special Equities Group in continuing their success in the micro-cap capital markets. We look forward to having him assist us with his vision, leadership and expertise to support the firm's mission in building long term relationships with our corporate clients," said Kerry Propper, CEO of Chardan Capital Markets.
"The Special Equities group at Chardan has been a leader in the PIPE market since we left Unterberg Towbin in 2008 and it's great to have Andy back on the team," said Joe Reda, Head of Chardan's Special Equities Group.
About Chardan Capital Markets
Chardan Capital Markets ("Chardan") provides a full suite of Global Investment Banking services designed for micro, small and mid-cap emerging growth companies. Our full range of services includes capital raising, merger and acquisition advisory, strategic advisory, equity research, institutional trading and market making. Headquartered in New York City, with offices in Palo Alto, Sydney, Beijing and Tel Aviv. Chardan is a registered broker-dealer with the U.S. Securities and Exchange Commission and is a member of the following: FINRA, MSRB, SIPC, NASDAQ and the NYSE Arca, Inc.
About The Special Equities Group
Chardan's Special Equities Group (SEG) provides specialized investment banking and brokerage services for micro-cap companies and their investors. A recognized leader in the PIPEs market, the group has collectively closed more than 100 transactions and raised in excess over $750 million since 2008 in emerging growth capital. The Special Equities Group focuses on U.S.-listed micro-cap companies. The companies we work with look to us for strategic advice and, when they need funding, rely on our ability to quickly and efficiently raise capital on their behalf. Our client relationships typically span years, and in many cases, exceed a decade in length. Over the years, we have also cultivated long-term, strategic relationships with our investors who trust us to provide honest advice and objective evaluations of investment opportunities.
-- The Special Equities Group is a Division of Chardan Capital Markets, LLC.
To learn more about Chardan Capital Markets, visit www.chardancm.com
SOURCE Chardan Capital Markets