IRVINE, Calif., Sept. 8, 2009 (GLOBE NEWSWIRE) -- C. K. Cooper & Company, an independent, full-service investment bank, headquartered in Irvine, Calif., announced today that it has expanded its product offerings into the Healthcare Sector. With the addition of Bilal Basrai, C. K. Cooper & Company will now offer capital formation, corporate advisory and valuation services to publicly traded companies in one of the largest industry verticals in the world.
Basrai joins C. K. Cooper & Company as Director of Corporate Finance, and the leader of its newly established Healthcare Group. Basrai spent the majority of his career in New York City covering the Health Care Services Sector with leading investment banks including Salomon Smith Barney, UBS Financial and Lehman Brothers. Basrai also spent two years with the Stanford Financial Group prior to founding Lucite Advisors, LLC in 2006, a boutique investment advisory firm. Basrai has been involved in over $4.6 billion worth of transactions in the Healthcare Sector during his Wall Street career.
C. K. Cooper & Company provides a wide range of services including institutional sales and trading, private wealth management, market making and a full suite of investment banking services. With the addition of Basrai, the firm will now be positioned to provide these services to the Healthcare Sector, and to provide a broader set of transaction capabilities to publicly traded companies, private business owners and equity interests including capital formation, strategic advisory services and transaction execution.
"C. K. Cooper & Company has remained committed to building out our industry verticals. We believe that the addition of Bilal will allow us to leverage our product platform into this very exciting industry," said Alexander G. Montano, President of C. K. Cooper & Company. "Bilal brings a strong sense of confidence to our organization. Through his leadership, contacts in the industry and healthcare specific expertise, we believe that Bilal will generate significant opportunities for our firm as we expand into the Healthcare Sector."
"C. K. Cooper offers a capital markets and strategic advisory platform where clients always come first," said Basrai. "Investment bankers want to be in a position to bring the best ideas that will serve the interests of clients, and the C. K. Cooper platform has the capability and focus to deliver for our clients. I look forward to contributing to the firm's continued success."
Basrai attended the University of Illinois at Urbana-Champaign, where he graduated with a degree in Finance and Economics. He holds series 7, 63, 86 and 87 securities licenses.
About C. K. Cooper & Company
C. K. Cooper & Company is a full-service investment bank headquartered in Irvine, California. The Company is focused on providing superior and insightful research coverage to its clients; innovative investment banking solutions supported by sales and trading services; and portfolio advisory and management services for private clients. Though C. K. Cooper & Company has been noted for a variety of measures of accomplishment, we chart our success by only one metric: The growth of our clients. For more about C. K. Cooper & Company, visit www.ckcooper.com.
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The information contained herein is not a complete analysis of every material fact respecting any company, industry or security. Although opinions and estimates expressed herein reflect the current judgment of C. K. Cooper & Company, the information upon which such opinions and estimates are based is not necessarily updated on a regular basis; when it is, the date of the change in estimate will be noted. In addition, opinions and estimates are subject to change without notice. This report contains forward-looking statements, which involve risks and uncertainties. Actual results may differ significantly from the results described in the forward-looking statements. Factors that might cause such a difference include, but are not limited to, those discussed in "Investment Risks." C. K. Cooper & Company from time to time perform corporate finance or other services for some companies described herein and may occasionally possess material, nonpublic information regarding such companies. This information is not used in the preparation of the opinions and estimates herein. While the information contained in this Report and the opinions contained herein are based on sources believed to be reliable, C. K. Cooper & Company has not independently verified the facts, assumptions and estimates contained in this Report. Accordingly, no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions contained in this Report. C. K. Cooper & Company, its managing directors, its affiliates, and/or its employees may have an interest in the securities of the issue(s) described and may make purchases or sales while this report is in circulation.