Wellington West Capital Markets strengthens equity sales desk with US presence

    Chicago-based Neil Sivertson appointed as managing director US equity
    sales and director of agriculture

    TORONTO, Sept. 27 /CNW/ - Wellington West Capital Markets, a division of
Wellington West Holdings Inc., an employee-owned independent investment firm,
today announced the appointment of Neil Sivertson as managing director US
equity sales and director of agriculture. Mr. Sivertson will be based in
Chicago, providing Wellington West with a foray into the US market.
    "Neil's credentials combined with his presence in the US Midwest gives us
a major advantage in the agriculture sector," said Greg Thompson, president,
Wellington West Capital Markets Inc. "Agriculture is increasingly providing
attractive investment opportunities due to surging protein demand in Asia, low
global grain inventories and supply constraints."
    Mr. Sivertson joins Wellington West from Blackmont Capital and has 14
years of industry experience in institutional equity sales with account
coverage in the US as well as Canada. Originally from Manitoba, Mr. Sivertson
has lived and worked in the Chicago market for the past ten years.
    "Wellington West is growing exponentially, adding new partners in all our
divisions," said Kish Kapoor, president, Wellington West Holdings Inc. "We are
hand-picking smart, talented people who will build relationships and generate
great ideas for our institutional and retail clients."
    "Agriculture is an increasingly important component of the capital
markets and will be one of our core areas of expertise," said Mr. Sivertson.
"I'm excited to be building this platform and joining a team with an excellent
reputation and a great entrepreneurial culture."
    Wellington West Capital Markets is based in Toronto. The team has grown
to 23 professionals and 23 supporting employees and achieved revenue growth in
excess of 100 per cent annually since 2005. The Financial Post/Starmine Top
Analyst Awards recently ranked Wellington West Capital Markets as No. 2 among
independent investment dealers with five awards for analyst coverage in
specific sector categories including Oil, Gas and Consumable Fuels, Business
Trusts and IT Equipment.

    About Wellington West

    Wellington West is a full-service independent investment dealer
specializing in family wealth management and capital markets services to
institutions and corporate issuers in certain niche markets. With more than
500 employees across Canada, Wellington West provides investment management,
financial planning, insurance, asset management and capital markets services.
Wellington West is an employee-owned company. Founded in 1993 and based in
Winnipeg, Wellington West has become one of the fastest-growing independent
full-service investment firms in Canada, with more than $9.4 billion in assets
under management. Among its many corporate achievements, Wellington West was
named the No. 1 Best Employer in Canada in 2007, one of Canada's Fastest
Growing Companies in 2007 and one of Canada's 50 Best Managed Companies for
2006. In addition, Wellington West retained its No. 1 ranking for a record
fourth consecutive year in the 2007 Brokerage Report Card survey and was named
No. 2 Independent Investment Dealer in the 2006 Financial Post/Starmine Top
Analyst Awards, along with No. 1 analyst ranking in Oil, Gas and Consumable
Fuels, No. 1 in Business Trusts and No. 2 in IT Equipment in the top earnings
estimators category.

For further information:

For further information: Media Contacts - Janine Waschuk, (416) 899-2617
or janine@wellwest.ca; Greg Thompson, (416) 642-3811 or gthompson@wwcm.com

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