29th Jan 2015 18:24
LONDON (Alliance News) - Canaccord Genuity Group Inc Thursday said it plans to build an investment banking and advisory practice with
senior managing director presence in Dubai, in a move to reinforce its commitment to clients in the Middle East, North Africa and South Africa.
The financial services group expects the practice to be fully operational in the second quarter of 2015.
Paul Reynolds, the president and chief executive of Canaccord Genuity Group, said the move "enhances our global distribution capabilities to a concentration of investors with increasing demand for exposure to global midmarket investment opportunities".
Sachin Mahajan, managing director, mergers and acquisitions, will be transitioning over the coming weeks, Canaccord said.
By Samuel Agini; [email protected]; @samuelagini
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