BMO recruits Industry Expert, David Sawyer to lead
new U.S. Restructuring Group
NEW YORK, Jan. 15 /CNW/ - BMO Capital Markets, the investment and
corporate banking arm of BMO Financial Group announced today that it has hired
David L. Sawyer as Managing Director and Head of U.S. Restructuring, based in
the New York office.
"Given the current economic climate, we anticipate increased activity in
the corporate restructuring marketplace and are pleased that David, with his
depth of knowledge and experience in restructuring distressed companies, has
joined BMO to help grow our presence in this arena," said Scott W. Humphrey,
Executive Managing Director, Head of U.S. Mergers and Acquisitions. "The
ability to provide restructuring is a natural complement to our universal
banking platform, including our advisory and capital raising services."
David joins BMO Capital Markets from Silver Point Capital, a $10 billion
distressed debt-focused investment fund where he built and headed the firm's
Restructuring and Portfolio Groups. He was also a founding member of Silver
Point's Special Situations Group, focused on distressed private equity
investments. Prior to joining Silver Point in 2004, David was at Credit Suisse
First Boston, where he worked as a workout and restructuring banker. David
graduated from Georgetown University with a B.S. in Finance.
BMO Capital Markets has more than 50 M&A professionals across the U.S.
About BMO Capital Markets
BMO Capital Markets is a leading full-service North American financial
services provider, with over 2,400 employees operating in 14 North American
offices and 26 worldwide, offering corporate, institutional and government
clients access to a complete range of investment and corporate banking
products and services. BMO Capital Markets is a member of BMO Financial Group
(NYSE, TSX: BMO), one of the largest diversified financial services providers
in North America with US$345 billion total assets and 37,000 employees as at
October 31, 2008.
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