Tuesday, 30 August 2016
Last updated 16 hours ago
Aug 20 2012 | 8:34am ET
Institutional brokerage and execution firm WallachBeth Capital has launched a healthcare research platform staffed by a six-member team from Auriga USA.
Senior managing directors Douglas Bantum and Gene McNeil Jr. will lead the new WallachBeth division.The two were co-heads of equity sales and trading for Auriga USA (a subsidiary of Madrid-based Auriga Global Investors) and previously worked together at the institutional research boutique Capstone Investments.
Additional members of the research team include Anthony Politi, Peter McDonald, Glen Losev and Difei Yang.
The new group will focus on company analysis, information flow, conflict-free investment ideas and access to industry thought leaders across key healthcare verticals.
Said WallachBethCapital CEO Michael Wallach in a statement, “We formed a small boutique less than five years ago…We’ve since grown exponentially and now have a 50+ team of professionals serving a broad client base in multiple product areas. Offering a value-added, proprietary equity research product specific to innovative companies within the healthcarevertical enables us to extend our role as a niche provider of in-demand, yet under-served markets, and further complements our mission to provide true best execution.”