News Releases
New York, January 15, 2009 – 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. and Canada.
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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