COSTA MESA, Calif., Sept. 20, 2005 (PRIMEZONE) -- RSM EquiCo, a global investment bank specializing in mergers, acquisitions, divestitures and capital raising for the private middle market, has named Bruce Manchester senior managing director of RSM EquiCo Capital Markets LLC, the firm's broker-dealer subsidiary.
Manchester, who is based in the firm's Costa Mesa corporate headquarters, will provide M&A and capital raising advisory services to the firm's investment banking clients.
"Bruce's expertise in capital raising will be an asset to the firm as we continue expanding in this area. He has worked in a range of industries and will be a valuable resource for our middle-market clients," said Hector J. Cuellar, president of RSM EquiCo Capital Markets.
Prior to joining RSM EquiCo, Manchester spent three years as a founding supervising principal for GFP Advisors, a San Francisco-based boutique investment bank, specializing in M&A, private capital raising and structured finance. Manchester has held a variety of roles throughout his professional career, including managing director and industry manager in the Natural Resources Group for Banc of America Securities, which focused on paper, packaging and building products.
Before that, he was a regional director of investment banking and vice president of capital markets for Bank of America in Canada. Manchester's industry experience also includes the energy and mining sectors.
Manchester's assignments have included advice and divestitures for public companies in North America and Europe as well as for a wide variety of privately owned businesses -- from multi-generational family ownerships to startups. Additionally, he has led teams in completing a wide range of private capital-raising transactions totaling more than $4 billion.
Manchester holds a master's of business administration from the University of Toronto. He is a general securities representative, licensed with the NASD, and holds series 7, 24 and 63 securities licenses.
About RSM EquiCo Inc.
RSM EquiCo (www.rsmequico.com) is a global provider of investment banking services, primarily to private companies with annual revenues of up to $500 million. The firm brings together companies, capital and creativity on a national and international scale to help clients achieve their personal and strategic objectives. RSM EquiCo's financial resources, in-depth research capabilities, industry knowledge, banking expertise and ability to access national and international buyer pools on behalf of clients are unmatched in the North American midsized business arena.
RSM EquiCo is part of RSM McGladrey Inc., a business segment of H&R Block. RSM EquiCo is licensed by the SEC and all state securities authorities, and is a member of the NASD and SIPC.
The firm's international headquarters are located in Costa Mesa, California. It also has offices in Chicago and London.