Managing Director - Global Head Of Basic Materials Investment Banking
New York City, New York, Us
The Head of Investment Banking recruited me to be one of three founding members of the Jefferies' Industrials Group. My challenge was to establish the firm’s presence in the basic materials sectors: steel, metals, paper, packaging, building products, building materials, and mining. Initially I covered all of these sectors, then over time I hired and managed senior sector specialists to focus on each sub-vertical while narrowing my personal focused to steel, metals, and mining.I built the leading middle-market Steel & Metals group on Wall Street, growing the business to the #1 bank by market share in all target products, including M&A, IPOs, equity, and high yield. By building trusted relationships with CEOs, CFOs, and board members at major corporations, I was able to secure underwriting and advisory roles in capital markets and strategic transactions for Jefferies, then follow through with flawless execution. I completed transactions ranging from $100 million to more than $7 billion.Representative clients by transaction type include the following: IPO: Ryerson, Globe Specialty Metals, MetalsUSA, Luxfer, Edgen Group, and Claymont Steel. Equity: Materion, Oregon Steel, AM Castle, Fortescue Metals, DMC, and Novamerican Steel. Bonds: Essar Steel, Edgen Group, Ryerson, JMC Steel, AM Castle, Optima Steel, and Tempel Steel. Term Loans: Essar Steel, JMC Steel, AM Castle, Packaging Dynamics, Ft. Dearborn, and Lincoln Paper. M&A: Edgen Group, Optima Specialty Steel, AM Castle, Claymont Steel, RathGibson, and Olympic Steel. Restructuring: Alpha Natural Resources, Patriot Coal, RathGibson, Abitibi-Bowater, and Pliant.