Robert D. Hallett, Joseph M. Giacobbe and David C. Grove Join the Firm as
Managing Directors
ARLINGTON, Va., June 29 /PRNewswire-FirstCall/ -- FBR Capital Markets
Corporation (Nasdaq: FBCM) (FBR Capital Markets), a leading investment bank
serving the middle market, today announced hires within Investment Banking.
Robert Hallett joins the firm's Energy & Natural Resources group to oversee
the Houston office; Joseph Giacobbe joins the Diversified Industrials group in
Arlington; and David Grove joins the Technology, Media & Telecom group in San
Francisco.
"We continue to invest in our core businesses and take advantage of
opportunities to broaden our banking platform with seasoned professionals and
new sector coverage," said James C. Neuhauser, CFA, Executive Vice President
and Head of Investment Banking at FBR Capital Markets. "These professionals
have a sophisticated understanding of trends and nuances within their
respective industries, and their transactional expertise will expand
capabilities for existing clients and create opportunities for new ones."
Mr. Hallett has spent the past 21 years focusing on the energy and natural
resources industry and joins FBR Capital Markets from RBC Capital Markets
where he was a managing director within the firm's Energy Investment Banking
practice and Mergers & Acquisitions group for the past nine years. He began
his career in private practice with Parlee McLaws LLP, facilitating a variety
of corporate and securities-related transactions for energy companies. He
later worked within Chevron Canada Resources' land department before joining
BJ Services Company as its senior attorney. He subsequently served as general
counsel for Transalta Corporation. Mr. Hallett received a Bachelor of Science
in geology with honors from the University of Alberta and holds a Bachelor of
Laws from the University of Calgary. His expertise complements FBR Capital
Markets' Energy & Natural Resources coverage of the oil and gas exploration
and production, oilfield services, midstream and coal sectors.
With 12 years of investment banking experience, Mr. Giacobbe joins FBR
Capital Markets from Banc of America Securities where he was a managing
director within its Aerospace, Defense & Transportation group. He began his
investment banking career with Merrill Lynch's Global Industries group
focusing on aerospace and defense companies. Mr. Giacobbe received a Bachelor
of Science in economics from the United States Naval Academy and an MBA with
honors from Columbia Business School. Prior to his investment banking career,
he spent five years in the United States Navy as an officer aboard a fast
attack nuclear submarine. Specializing in aerospace and defense companies,
Mr. Giacobbe's expertise complements FBR Capital Markets' long-standing
aerospace and defense equity research coverage in Diversified Industrials.
Mr. Grove joins FBR Capital Markets from Banc of America Securities where
he was a managing director within its Technology Investment Banking group.
Prior to Banc of America, he spent most of his career in investment banking at
Cowen and Company (formerly SG Cowen) where he was a vice president in its
Technology Investment Banking and Mergers & Acquisitions groups. Mr. Grove
began his career practicing corporate law with Andrews Kurth LLP as an
associate focusing on energy-related securities and M&A transactions. Mr.
Grove holds a Juris Doctor from New York University School of Law and a
Bachelor of Science, magna cum laude, from Oregon State University. Mr. Grove
has extensive public and private equity, debt and M&A experience. His
coverage of cleantech, semiconductor and consumer technology companies
corresponds to FBR Capital Markets' broad Technology, Media & Telecom Research
platform which maintains fundamental analysis of the solar supply and
semiconductor manufacturing sectors, among others.
FBR Capital Markets Corporation (Nasdaq: FBCM) provides investment
banking, merger and acquisition advisory, institutional brokerage and research
services through its subsidiary FBR Capital Markets & Co. FBR Capital Markets
focuses capital and financial expertise on seven industry sectors: consumer;
diversified industrials; energy & natural resources; financial institutions;
insurance; real estate; and technology, media & telecom. Asset management
services are provided by FBR Investment Management, Inc., and mutual funds are
provided by FBR Fund Advisers, Inc.; both companies are subsidiaries of FBR
Capital Markets Corporation. FBR Capital Markets is headquartered in the
Washington, D.C. metropolitan area with offices throughout the United States
and in London. For more information, please visit www.fbrcapitalmarkets.com.
CONTACT:
Media
+1-703-469-1004
media@fbr.com
Investors
Bradley J. Wright
+1-703-469-1080
fbcmir@fbr.com
View printer-friendly version
