Cantor Fitzgerald & Co. Adds Stephen Parish To Its Growing Investment Banking and Capital Markets Business

October 7, 2009 2:39 PM EDT

NEW YORK--(BUSINESS WIRE)-- Cantor Fitzgerald & Co. announced today that Stephen Parish is joining the firm as Head of Equity Capital Markets within the Investment Banking Group. Mr. Parish, who spent most of his career at Bear Stearns, will be responsible for enhancing Cantor's equity and equity linked origination efforts.

"Steve's deep understanding of equity capital markets coupled with his strong relationships developed over years in the financial marketplace are a great combination, especially in light of the rapid growth we are experiencing in our global capital markets business," said Shawn Matthews, CEO, Cantor Fitzgerald & Co.

Mr. Parish said "With its premier equity sales and trading platform, Cantor is extremely well positioned to become a significantly larger participant in middle market investment banking. I am excited to have the opportunity to join Cantor and help drive the firm's continuing growth."

Previously, Mr. Parish was a Senior Managing Director at Bear Stearns and played a key role in the firm's equity capital markets activities. He was Global Head of the Equity Transactions Group and oversaw the successful completion of hundreds of equity transactions. Recently, Mr. Parish served as a senior advisor to Fletcher Asset Management.

Cantor Fitzgerald added nearly a hundred sales and trading professionals in 2008 and another 125 new strategic hires since the first of this year. Focused on a capital structure-centric business model and cross-market strategy, Cantor is continuing to grow its fixed income, equity and investment banking businesses.

About Cantor Fitzgerald

Cantor Fitzgerald, a leading global financial services firm at the forefront of financial and technological innovation, has been a proven and resilient leader for over 60 years. The Cantor Fitzgerald franchise includes capital markets, sales and trading, investment banking, real estate private equity, and other businesses and ventures.

Cantor Fitzgerald is one of 18 primary dealers authorized to trade U.S. government securities with The Federal Reserve Bank of New York.

A recognized leader in the global third market, Cantor's equities sales and trading professionals provide solutions that address clients' requirements for execution, return optimization and risk management, offering services in domestic and international equities, derivatives, convertibles and structured products, stock loan, and contracts for differences, as well as research.

A world-class dealer across a broad spectrum of fixed income products, Cantor offers services in repo and securities lending, mortgage-backed and asset-backed securities, corporate bonds, interest rate products, agencies, SBA securities and structured products, as well as fixed income rates strategy.

Cantor's investment banking division focuses on providing capital raising and advisory services to growth-oriented companies. The group's structuring and distribution capability is focused on addressing innovative solutions to complex issues and challenges for clients across the globe.

Cantor Fitzgerald's 1,400 employees serve clients through 36 locations, including major financial centers around the world in the Americas, Europe, Asia/Pacific, and the Middle East.

For more information, please visit www.cantor.com.

Note to editors: Cantor Fitzgerald, L.P. is the parent company of Cantor Fitzgerald & Co.

    Source: Cantor Fitzgerald & Co.

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Related Entities

• Cantor Fitzgerald
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