LOS ANGELES, Oct. 09, 2018 (GLOBE NEWSWIRE) -- B. Riley FBR, Inc., a leading full service investment bank and wholly-owned subsidiary of B. Riley Financial, Inc., announced today that it has named Richard NeJame as a Senior Managing Director in the firm’s growing Corporate Restructuring division. Mr. NeJame is a veteran corporate restructuring advisor with expertise in leveraged finance, distressed M&A advisory and capital raising for special situations. He is based in the firm’s New York office.
“With a long track record of success advising clients on complex matters and recapitalization situations, Rich brings extensive experience in all aspects of restructuring and transaction advisory,” said Perry Mandarino, Co-Head of Investment Banking and Head of Corporate Restructuring. “We’re pleased to welcome Rich as another strong addition to our Corporate Restructuring team and look forward to continuing to expand our presence in the marketplace.”
Mr. NeJame joins the firm from Oppenheimer & Co. where he served as Managing Director and Head of Restructuring & Special Situations Advisory for Investment Banking. He previously served as a Managing Director and Co-Head of Recapitalization and Restructuring at Gleacher & Company, responsible for new business origination of restructuring and leveraged finance transactions. He also served as Managing Director at Imperial Capital where he also covered corporate finance and M&A advisory. Mr. NeJame was a senior founding member of Lazard’s Restructuring Group where he worked for nearly a decade.
“B. Riley FBR’s entrepreneurial culture offers tremendous growth opportunities. This robust platform allows us to deliver a unique combination of advice and execution capabilities to our corporate and institutional clients,” said Mr. NeJame. “I’m thrilled to join the team and to contribute to the growth of our corporate advisory business.”
Mr. NeJame earned his M.B.A in Accounting and Finance from The Wharton School, The University of Pennsylvania. He received his B.S. in Electrical Engineering and Economics from Duke University, graduating Cum Laude.
For more information, visit www.brileyfbr.com.
About B. Riley FBR, Inc.
B. Riley FBR, Inc. is a leading investment bank which provides corporate finance, research and sales and trading to corporate, institutional and high net worth individual clients. Investment banking services include initial, secondary and follow-on offerings, institutional private placements and merger and acquisitions advisory services, and corporate restructuring. The firm is nationally recognized for its highly ranked proprietary equity research.
About B. Riley Financial, Inc. (NASDAQ:RILY)
B. Riley Financial, through its subsidiaries, provides collaborative financial services and solutions tailored to fit the capital raising and financial advisory needs of public and private companies and high net worth individuals. The company operates through several wholly-owned subsidiaries, including B. Riley FBR, a full-service investment bank and institutional brokerage; Great American Group, a leading provider of asset disposition, appraisal, corporate advisory and valuation services; GlassRatner, a specialty financial advisory services and consulting firm; B. Riley Wealth Management, B. Riley Asset Management and B. Riley Alternatives, which offer investment management to institutional and high net worth investors; Great American Capital Partners, which originates and underwrites senior secured loans for asset-rich companies; and B. Riley Principal Investments, which invests in or acquires companies and assets with attractive return profiles.
Jo Anne McCusker
Source: B. Riley FBR, Inc.