ARLINGTON, Va., March 9, 2010 (GLOBE NEWSWIRE) -- FBR Capital Markets Corporation (Nasdaq:FBCM) (FBR Capital Markets), a leading investment bank serving the middle market, announced today that industry veterans Kevin Frisch and Peter Marquis have joined the firm as Managing Directors within Investment Banking. Mr. Frisch joins FBR Capital Markets' Diversified Industrials group in Arlington, Virginia, and Mr. Marquis joins the Energy & Natural Resources group in New York.
"We continue to invest strategically in our investment banking and broader capital markets and brokerage capabilities," said James C. Neuhauser, CFA, Executive Vice President and Head of Investment Banking at FBR Capital Markets. "The addition of these seasoned professionals builds substantially upon our cross-platform industry coverage of industrials and regulated utilities and will result in immediate, additional value for clients."
The growth of FBR Capital Markets' Investment Banking platform complements significant investments made to the firm's Diversified Industrials and Energy & Natural Resources Research groups in 2009.
Mr. Frisch joins FBR Capital Markets after spending nearly 10 years of his career at Lehman Brothers. At Lehman Brothers he was focused on industrial clients both as a member of the firm's Global Mergers and Acquisitions group and subsequently as lead coverage officer in its Corporate Advisory group. He began his career as an analyst at Chase Securities and later worked at Oppenheimer & Co. Mr. Frisch received a Bachelor of Arts in economics and public policy from Duke University and holds an MBA from the University of Chicago Booth School of Business.
Mr. Marquis, a Wall Street veteran with 15 years of experience specializing in the global power and utilities industry, joins FBR Capital Markets from GE Energy Financial Services where he was a Managing Director, Origination, within its Power group. Prior to GE, he was a director in Lazard Frères' Global Power and Utilities group and held similar positions at Morgan Stanley, SG Barr Devlin and Smith Barney. Mr. Marquis earned a Bachelor of Science in systems engineering from the United States Naval Academy and subsequently served three years as a submarine officer aboard the U.S.S. Pintado, a Sturgeon-class nuclear attack submarine. He also attended the U.S. Navy's Nuclear Power School and later earned a Master of Science in finance at Rensselaer Polytechnic Institute.
FBR Capital Markets Corporation (Nasdaq:FBCM) provides investment banking, merger and acquisition advisory, institutional brokerage, prime 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.
The FBR Capital Markets Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6405