Raymond James adds senior banker to Private Capital Advisory Investment Banking practice
ST. PETERSBURG, Fla. – Raymond James is expanding the capabilities of its Private Capital Advisory Investment Banking practice by hiring industry veteran David Brown as managing director and head of strategic limited partner relationships. Based in New York City, Brown has 20 years’ experience working with private fund sponsors and limited partners.
“David brings a wealth of experience in private capital advisory for general partners across the world. His depth of coverage of institutional limited partners will be invaluable to our clients,” said Sunaina Sinha, global head of Private Capital Advisory.
Brown joins Raymond James after eight years with Moelis & Co.’s private funds advisory business serving as the head of North American distribution. Prior to that, he was co-head of private equity and real estate advisory at Greenhill & Co. and was on the private funds marketing team at Lehman Brothers. He began his finance career with New York Life Investment Management as head of public funds distribution.
“Raymond James offers a robust global private capital advisory platform for both placements and secondaries paired with a boutique service level which is unmatched in the PE community,” said Brown. “I’m confident my institutional relationships across general partners and limited partners will cement Raymond James’ position as a market leader in funds advisory.”
Established in May 2021 with the acquisition of Cebile Capital, the Private Capital Advisory practice is a leading private fund placement agent and secondary market advisor to private equity firms with service offerings that include fund placements, general partner (GP)-led secondaries capabilities and limited partner (LP)-led secondaries advisory.
About Raymond James Investment Banking
Raymond James Investment Banking offers highly regarded capital formation and financial advisory services. Since 2017, we have participated in raising over $310 billion in capital for our corporate clients and completed more than 1,010 advisory assignments, including over 835 M&A buy-side or sell-side advisory assignments.
About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF), is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,700 financial advisors. Total client assets are $1.09 trillion as of Oct. 26, 2022. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at raymondjames.com. Raymond James & Associates, Inc., member New York Stock Exchange/SIPC.