FBR Further Builds Healthcare Practice
January 14 2015 - 3:38PM
FBR & Co. (Nasdaq:FBRC) (FBR), a leading investment bank
serving the middle market, announced the hiring of Edward P. White
as Senior Vice President, Senior Research Analyst in its Equity
Research Department. Mr. White will be based in New York and will
focus on the biotech sector.
"We are excited to further build out our healthcare effort, and
specifically our focus on biopharma and biotech, with this addition
to the team. Ed's deep understanding of the science, coupled
with his vast buyside and sellside experience, provide the diverse
background that is consistent with what we believe makes an
invaluable analyst for our clients," said David M. Hilal, Senior
Managing Director and Director of Research at FBR. "We
currently have over 40 healthcare companies under coverage. With
the addition of Ed and the team's ongoing development, we expect to
more than double that in 2015 as we continue to deliver quality,
value-add research through our proprietary framework - The Debate
TM."
Mr. White has nearly 20 years of experience as an equity analyst
covering the healthcare sector. He began his career at
Oppenheimer and has held positions at Deutsche Bank Securities,
Mitsubishi UFJ Trust, and Murphy & Durieu. Most recently,
he served as Senior Managing Director at Laidlaw & Company
where he built and lead the healthcare effort. He is a
graduate of Manhattan College and holds an MBA from Rensselaer
Polytechnic Institute.
FBR & Co. (Nasdaq:FBRC) provides investment banking, merger
and acquisition advisory, institutional brokerage, and research
services through its subsidiary FBR Capital Markets & Co. FBR
focuses capital and financial expertise on the following industry
sectors: consumer; diversified industrials; energy & natural
resources; financial institutions; healthcare; insurance; real
estate; and technology, media & telecom. FBR is headquartered
in the Washington, D.C. metropolitan area with offices throughout
the United States. For more information, please visit
www.fbr.com.
Statements in this release concerning future performance,
developments, events, market forecasts, revenues, expenses,
earnings, run rates and any other guidance on present or future
periods constitute forward-looking statements. These
forward-looking statements are subject to a number of factors,
risks and uncertainties that might cause actual results to differ
materially from stated expectations or current circumstances. These
factors include, but are not limited to, the effect of demand for
public and private securities offerings, activity in the secondary
securities markets, interest rates, the risks associated with
merchant banking investments, the realization of gains and losses
on principal investments, available technologies, competition for
business and personnel, and general economic, political and market
conditions. For a discussion of these and other risks and important
factors that could affect FBR's future results and financial
condition, see "Risk Factors" in Part I, Item 1A and "Management's
Discussion and Analysis of Financial Condition and Results of
Operations" in Part II, Item 7 of the Company's Annual Report on
Form 10-K for the fiscal year ended December 31, 2013; and other
items throughout the Company's Form 10-K, Quarterly Reports on Form
10-Q, and Current Reports on Form 8-K.
CONTACT: Investors: Bradley J. Wright at 703.312.9678
or bwright@fbr.com
Media: Shannon Hawkins at 703.469.1190
or shawkins@fbr.com
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