REG-Canaccord Gen Grp: Canaccord Genuity Expands Global REIT Capability <Origin Href="QuoteRef">CF.TO</Origin>

Canaccord GenuityAnnouncement

06/05/2015 07:00

CANACCORD GENUITY EXPANDS GLOBAL REIT CAPABILITY WITH ADDITION OF DEDICATED
BANKING, EQUITY RESEARCH AND SALES PROFESSIONALS IN NEW YORK AND SAN FRANCISCO

 

TORONTO, May 5, 2015 - Canaccord Genuity (the "Company") is pleased to announce
the addition of a dedicated US REIT team. Based in the firm's New York and San
Francisco offices, the team brings extensive investment banking, advisory,
equity research and sales trading capability to the group.


"I am pleased to welcome a team of professionals with proven capability in
delivering relevant ideas and execution within the US mid-market," said Dan
Daviau, CEO, North American Capital Markets, Canaccord Genuity, "The group's
depth of sector and industry expertise and broad relationships complements our
existing REIT platform in Canada, and the UK and Europe to provide truly global
coverage for our clients." 

 

Canaccord Genuity's global Real Estate team now includes 6 senior analysts
across three continents, providing REIT coverage in the diversified commercial,
industrial, office, residential, retail, health care, lodging, and specialty
real estate subsectors. Coverage is complemented by a dedicated global sales
force with expertise and relationships across North America, the UK & Europe,
and Asia-Pacific.

 

Ryan Meliker joins the equity research division as a Managing Director and
Senior Research Analyst with a focus on Lodging, Multifamily, Student Housing,
and the Prison Property subsectors. Mr. Meliker brings more than a decade of
dedicated REIT coverage to his role, in addition to deep industry expertise. He
began his sell-side career at Morgan Stanley where he was the lead lodging REIT
analyst before moving on to launch the REIT platform at MLV & Co. Mr. Meliker
has experience covering all property sectors within the equity REIT industry.
Prior to becoming an equity research analyst, Mr. Meliker was focused on real
estate transaction advisory work in the lodging industry with
PricewaterhouseCoopers and previously as a hotel appraiser with experience in
hospitality operations. Mr. Meliker received a B.S. degree from Colgate
University and an MBA from Michigan State University with a dual concentration
in Finance and Hospitality.

 

Paul Morgan, Managing Director and Senior Research Analyst, will be based in
the firm's San Francisco office and will focus on coverage of Retail,
Healthcare, and Industrial Properties. Mr. Morgan brings more than 15 years of
sell-side experience to Canaccord Genuity, most recently as Co-Head of REIT
research alongside Ryan Meliker at MLV & Co. Previously, he was a senior REIT
analyst at Morgan Stanley, where he was Head of US REIT research for five years
and coordinated the firm's collaborative global property sector coverage. Mr.
Morgan has also held senior analyst positions at Salomon Smith Barney, Paine
Webber, Thomas Weisel Partners, and FBR Capital Markets. Mr. Morgan has served
on the Real Estate Investment Advisory Council for NAREIT and ICSC's North
American Research Task Force, and in the research department at the Board of
Governors at the Federal Reserve System.  Mr. Morgan earned an MA in Economics
from Princeton University, where he was a National Science Foundation and
Mellon Foundation Fellow.

 

Peter Dippolito joins the Investment Banking division as a Principal, with a
focus on Real Estate Investment Trusts.  Prior to joining Canaccord Genuity,
Mr. Dippolito spent three years as a Director in the investment banking
division of MLV & Co., where he played a key role in building the firm's REIT
and BDC banking and capital markets franchise.  Previously, Mr. Dipploito spent
ten years at Cantor Fitzgerald where he helped build the firm's equity capital
markets group and was the head trader responsible for at-the-market offerings.
Mr. Dippolito holds a Bachelor of Business Administration from Hofstra
University.

 

Brian Dorst, Managing Director and Sales Trader, has more than 17 years of
experience, most recently as Director of Sales and Trading at MLV & Co., with a
focus on the REIT and energy sectors.  Mr. Dorst has spent the majority of his
career on the block desks of Merrill Lynch and Knight Capital Group and has
additional experience trading in the consumer and technology sectors. Mr. Dorst
obtained a BA in Economics from Washington College in Maryland and is Series 7,
55, 63 and 24 licensed.

 

Roger Weiss, Managing Director, Research Sales, has spent more than 20 years in
sales with particular focus in the REIT, energy, MLP and utilities sectors. 
Previously, Mr. Weiss was a Managing Director at MLV & Co. where he sold a
range of equity products and co-developed the MLP Preferred Product. Mr. Weiss
also played a key role in building the institutional sales team at Madison
Williams & Co., and previously spent 13 years at AG Edwards & Sons, where he
ranked as top institutional equity sales for four consecutive years. Mr. Weiss
obtained a BA from Vanderbilt University and an MBA from Columbia Business
School.



ABOUT CANACCORD GENUITY GROUP INC.:

 

Through its principal subsidiaries, Canaccord Genuity Group Inc. (the
"Company") is a leading independent, full-service financial services firm, with
operations in two principal segments of the securities industry: wealth
management and capital markets.  Since its establishment in 1950, the Company
has been driven by an unwavering commitment to building lasting client
relationships. We achieve this by generating value for our individual,
institutional and corporate clients through comprehensive investment solutions,
brokerage services and investment banking services.  The Company has offices in
10 countries worldwide, including Wealth Management offices located in Canada,
Australia, the UK and Europe.  Canaccord Genuity, the international capital
markets division, operates in Canada, the US, the UK, France, Ireland, Hong
Kong, China, Singapore, Australia and Barbados.  To us there are no foreign
markets.TM

 

Canaccord Genuity Group Inc. is publicly traded under the symbol CF on the TSX
and the symbol CF. on the London Stock Exchange. 

 

 

 

 

FOR FURTHER INFORMATION CONTACT:

 

North America media:

Scott Davidson

Executive Vice President, Global Head of Corporate Development and Strategy

Phone: 416-869-3875, email: scott.davidson@canaccord.com

 

For investor relations inquiries contact:

Christina Marinoff
Vice President, Investor Relations & Communications
Phone: 416-687-5507, email: christina.marinoff@canaccord.com

 

London media:

Robert Morgan

Stockwell

Phone: +44 (0) 20 7240 2486, email: robert.morgan@stockwellgroup.com

 

Brokers:

Oliver Hearsey

RBC Europe Limited

Phone: +44 (0) 20 7653 4000, email: oliver.hearsey@rbccm.com

 

Simon Hardy or Alex Collins

Jefferies International Limited

Phone: +44 (0) 20 7029 8000, email: simon.hardy@jefferies.com;
alex.collins@jefferies.com

 

 



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