Wedbush Taps Internet Specialist For Private Shares Group

Dec 2 2011 | 7:56am ET

California-based investment firm Wedbush Securities, has named internet and social media specialist Thomas H. Wyman, Jr. as managing director of its private shares group.

Wyman has worked for a variety of technology-focused hedge funds in the San Francisco Bay Area and was previously an internet research analyst at JP Morgan. Wyman began his career at Morgan Stanley and was an early founder of Hambrecht & Quist’s branded consumer group. 

In his new role, Wyman will be based out of Wedbush’s San Francisco office and will report to Cyrus Pirasteh, head of equity trading, technologies and operations.

The private shares group provides research and trading to the rapidly growing industry of privately traded securities, focusing on companies in the social media space. The group helps companies raise growth capital through traditional private placements and provide liquidity options for existing and former employees through tailored selling programs. Wedbush also works with venture capital, private equity and hedge fund investors to help them adjust their holdings in fast-growing companies.

“Wedbush private shares group provides investors with unique access across the landscape of private shares,” said Wyman in a statement. “I’m excited to join the team, and to help clients make informed decisions about investments in the companies that are transforming the world.”
 


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR