BTIG LLC, a global financial services firm specializing in institutional trading, investment banking and related brokerage services, has announced that it has hired William Buchanan and Graham Powis as part of the expansion of its Investment Banking and Capital Markets groups.
William B. Buchanan, Jr. has joined BTIG as Head of Investment Banking. Buchanan has spent the last seven years as CEO of Lazard Capital Markets in New York. Prior to Lazard, Bill worked at Cowen for eight years running Capital Markets. Graham Powis has joined BTIG as Head of Capital Markets. Powis spent the last seven years at Lazard as Head of U.S. Equity Capital Markets. Prior to that, he worked at Cowen for nine years where he ultimately ran the firm’s Equity Capital Markets division.
BTIG also announced the promotion of K.C. Stone to Head of Healthcare Investment Banking. K.C. joined BTIG’s Corporate Finance group in 2012 as a Managing Director. Prior to that, Stone worked at Wedbush where he ran the Life Science Investment Banking group. Prior to that, he ran the Private Placement groups at Wedbush PacGrow and Pacific Growth Equities.
'We are very excited to add Bill, Graham and K.C. to BTIG’s management team as we continue to build our investment banking and capital markets capabilities. Their deep transactional experience and long-standing relationships in combination with BTIG’s market-leading distribution platform will provide our Corporate Finance clients with highly-effective execution capabilities as they address the capital markets', said Scott Kovalik, CEO and Co-Founder of BTIG.
The addition of Buchanan, Powis and the promotion of Stone represent BTIG's latest moves to expand its investment banking and capital markets efforts. In addition, BTIG has been recently expanding their research capability, which now includes tenured professionals and publishing research analysts covering global strategy, technical strategy, consumer, financials, healthcare, media, entertainment, cable and satellite, internet, communications equipment, telecom services and special situations sectors. This month BTIG also hired Hartaj Singh as a Biotechnology Analyst and Dane Leone as a Diagnostics and Life Sciences Analyst.