NEW YORK, April 24, 2013 /PRNewswire/ -- MLV & Co., a full service investment bank focused on capital intensive industries, announced today that David Bishop has joined the firm's equity research team as a Senior Analyst focusing on Regional and Community Banks. Mr. Bishop will spearhead the launch of a new research vertical for the firm, Financials.
"As MLV continues to expand its research platforms, adding a dedicated team in the Financials sector will significantly strengthen the firm's market presence as an independent investment bank and institutional broker-dealer. Being a highly respected analyst in the banking space, we are delighted to have David join us as the founding member of our Financials research team ," said Patrice McNicoll, CEO and founding partner of MLV & Co. "David's market expertise, strong relationships, and analytical skills fit perfectly into MLV's fundamental research paradigm."
"The ability to continually attract top-tier talent is a testament to the firm's commitment to providing clients with forward thinking investment ideas," Dean Colucci, President of MLV, added. "With our continued growth in this space, we expect to announce additional members of the Financials team over the coming weeks as we seek to create a coverage universe that will include a wide range of financial and commercial banking institutions."
Mr. Bishop commented, "MLV's unique approach to capital markets will allow for exceptional growth opportunities moving forward and I'm honored to be tasked with the launch of the firm's coverage on the l banking sector. Our goal is to build off an already solid platform as we broaden our research capabilities and enhance our client services."
Prior to joining MLV & Co., Mr. Bishop was the Southeast/Southwest Bank analyst at Stifel Nicolaus & Company. In his seven years with Stifel Nicolaus, Mr. Bishop built a coverage universe of 19 stocks and prior to this had been an associate analyst with Legg Mason also covering the Regional and Community Bank space. Prior to joining Legg Mason, Mr. Bishop was a Senior Research Associate with Kaplan Associates, Inc. Mr. Bishop holds an M.B.A. from Pace University in Investment Management, and a B.S. from The College of New Jersey in Finance.
ABOUT MLV & Co.:
An independent full service investment bank and institutional broker dealer, MLV is focused on providing outstanding service to institutional investors and growing companies in healthcare, real estate, energy, financials, natural resources, and other capital intensive sectors. Since its inception in 2010, MLV has completed more than 150 transactions and raised more than $4 billion on behalf of its clients.
MLV has also been the market leader in ATM transactions since its start up. From January 2010 through December 31, 2012, MLV has been the lead underwriter on 85 ATMs totaling nearly $3 billion, surpassing every other investment bank during this period. Prior to forming MLV & Co, MLV principals had originated approximately 40 ATM transactions and raised over $6 billion in equity capital through at-the-market issuance.
MLV is a member of FINRA and the SIPC.
SOURCE MLV & Co.