BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group, announced on Tuesday that it has hired of a team of four healthcare investment bankers in New York and Boston.
Michael Neuberger, managing director, will lead the Healthcare Group, which will focus on the life sciences, medical technology and healthcare services industries. A Wall Street veteran with more than 25 years of experience in investment banking, Neuberger joins BMO from Jefferies & Co. in Boston, where he managed its global healthcare group while driving its medical technology practice.
Also joining the BMO healthcare team is Annette Grimaldi, managing director, a 20-year Wall Street veteran based in New York, who will lead the life sciences practice.
In addition, vice president Kristen Morse and analyst Lee Incandela join the team, and will be based in Boston.
“Through these hires, BMO Capital Markets has significantly increased its commitment to the healthcare sector,” said Dominic Petito, co-head of U.S. Investment & Corporate Banking, BMO Capital Markets. “Mike Neuberger and Annette Grimaldi, along with the entire team, have the experience and industry knowledge to guide our clients through the current challenges presented by both the economic landscape and the political climate.”
BMO’s Healthcare team offers expertise in mergers and acquisitions, equity capital markets, leveraged finance, debt capital markets, loan products, treasury management, and derivatives.
“With capital markets rebounding and healthcare reform on the horizon, we expect the need for capital, financial advice and other investment and corporate banking services to grow, and we see significant growth opportunities for our Healthcare practice,” said Neuberger.
BMO Capital Markets hires banking team to bolster healthcare group
With healthcare reform on the horizon, sector has hefty growth opportunities: Neuberger
- By: IE Staff
- December 1, 2009 December 1, 2009
- 16:17