Brock Securities Expands Capital Raising Platform

Launches Capital Markets Division Led by Jay A. Rodin, Eric G. Abitbol and David B. Newman


NEW YORK, NY--(Marketwire - May 24, 2011) - Jay A. Rodin, Eric G. Abitbol and David B. Newman have joined Brock Securities, a subsidiary of Brock Capital Group LLC. Operating as Brock Capital Markets, they will substantially enhance the capital raising and associated investment banking activities of the Brock Group. The team has arranged capital markets transactions in excess of $5 billion. These transactions included public offerings, private placements, mergers and acquisitions, special purpose acquisition companies (SPACs), private investments in public equity (PIPEs) and secondary offerings. The industry expertise of Brock Capital Markets includes the maritime, metals and mining, energy, real estate and financial sectors.

Jay A. Rodin, who will lead the Brock Capital Markets group, has over 27 of years experience in capital markets and investment banking. Before joining Brock he was a managing director at S. Goldman Capital; president of Idea Group Holdings, a boutique investment bank specializing in raising capital through conventional and alternative structures; a senior managing director of Sunrise Securities Corp; head of Nomura Securities' global equity sales desk; and president of Carlyle Securities, a merchant banking boutique.

Eric G. Abitbol has over 12 years of experience in capital markets and investment banking. He has raised capital for international and domestic public and private companies using debt, equity and innovative equity-related financing instruments. Eric's clients are hedge funds, mutual funds, private equity firms, family offices and foundations. He was formerly a managing director of Sunrise Securities Corp. and, earlier, worked for National Bank of Canada.

David B. Newman has 20 years of experience in real estate investment, capital markets, management and development. Prior to joining Brock he was the chief investment officer of Empire American Holdings LLC, one of the largest national multi-family property owners in the United States. Earlier he was part of the retail development group at The Related Companies; general counsel of Strategic Development Concepts, Inc., a Westchester based real estate company; and part of the corporate practice group at Kramer Levin Naftalis & Frankel.

About the Brock Group

The Brock Group is a full-service investment bank that was organized in 2002 to provide clients with strategic advice and implementation assistance through outstanding executives and professionals from diverse corporate and governmental backgrounds. Brock teams leverage the broad collective experience of the Firm's partners as investment bankers, senior corporate officers, government officials, consultants, economists, entrepreneurs, accountants and lawyers to provide comprehensive client solutions that address often overlooked issues in corporate transactions. Services are provided through Brock Capital Group LLC, Brock Securities LLC, Brock Real Estate LLC, and Brock Fiduciary Services LLC.

Brock Securities LLC, a registered broker-dealer and member of the Securities Investor Protection Corporation and Financial Industry Regulation Authority, conducts the capital raising and associated investment banking activities of the Brock Group.

Contact Information:

Brock Securities
(212) 661-9006