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      Harris Nesbitt Continues to Strengthen its U.S. High Yield Group with another Key Hire  

      Harris Nesbitt, the U.S. investment and corporate banking arm of BMO Financial Group, announced today that it has hired Louis Nardi as a Managing Director in its New York-based High Yield Research Group.

      With more than 25 years of research experience, Mr. Nardi will be responsible for covering energy (exploration & production companies, refiners and oil service companies), chemicals, utilities and special situation credits.  He will report to Steve Dondero, Managing Director and Head of U.S. High Yield Research.

      “Lou adds significant experience to our high-yield research group and covers industries important to our high yield strategy,” said Mr. Dondero.  “Recruiting Lou is further evidence of our commitment to provide quality high yield research to our clients.”

      Mr. Nardi joins Harris Nesbitt from Fieldstone Capital Group where he focused on similar industry sectors and special situations.  Previously, he was Director of Research at Credit Lyonnais Securities and at Nomura Securities.  Mr. Nardi, who is a CFA, has a MBA in Finance from New York University and a BA in Economics from Rutgers University. 

      Mr. Nardi is the latest key hire to be named to the U.S. High Yield Research Group.  Last month Amil Schiaffino joined as a Managing Director covering the consumer products, food & beverage, healthcare and textile & apparel sectors.

      Harris Nesbitt, a member of BMO Financial Group (TSX, NYSE: BMO), is a leading U.S.-based financial services provider offering clients access to a broad range of financial products, including equity and debt underwriting, corporate lending and project financing, merger and acquisition advisory services, merchant banking, securitization, cash management services, research, and institutional sales and trading.

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