BMO Capital Markets has appointed Elizabeth Marin as managing director in the firm’s Financial Institutions Group. Marin will focus primarily on identifying and providing strategic and financial solutions for a wide range of specialty finance companies.

“Liz brings more than 12 years of industry experience, and she will be a tremendous partner as we continue to expand our efforts in this important sector,” said Erik van Nispen, head of BMO Capital Markets’ Financial Institutions Group in the U.S.

Marin was most recently with Wachovia Securities, where she was a director in the Financial Institutions Group, focused on relationships in the specialty finance sector. Prior to that, she spent four years at Banc of America Securities, LLC as a principal and vp in the Financial Institutions Group. From 1999 to 2001, Marin was a vp in Financial Institutions at Salomon Smith Barney. She holds a Masters of Business Administration from the University of Michigan and a Bachelor of Science in Finance from Fairfield University.

BMO Capital Markets continues to solidify its growing position and reputation among North American investment banks with recent successful transactions that include the US$122 million initial public offering of FCStone Group, Inc., a broad-based commodity risk management and trading company for which BMO Capital Markets served as joint book runner. This transaction represents the best performing U.S. IPO in 2007, year to date according to Dealogic.