Raymond James Expands Financial Sponsors Team

Raymond James has added Edward Lee as a managing director to the firm’s financial sponsors investment banking practice. Mr. Lee will be based in New York City and will be active covering private equity relationships.

Mr. Lee joins Raymond James from Credit Suisse’s financial sponsors group. Earlier in his career, he was with the leveraged finance group at Jefferies and began his investment banking career at Morgan Stanley. Mr. Lee has his undergraduate degree in finance and accounting from Boston College.

“I am excited to join Raymond James’ financial sponsors team,” said Mr. Lee. “I look forward to bringing my nearly 20 years of experience to help the firm continue to expand and strengthen its private equity relationships.”

“As private equity firms continue to raise more capital and become more active buyers of businesses, our clients require experienced and seasoned bankers with strong relationships and industry insights to deliver the best outcomes,” said David Clark, head of the financial sponsors group. “Edward is highly regarded and we’re excited that he will be joining our group.”

Raymond James Investment Banking (RJIB) provides both capital formation and financial advisory services and has participated in raising nearly $220 billion in capital and completed more than 720 advisory assignments, including more than 610 buy-side or sell-side advisory assignments. RJIB’s financial sponsors team actively covers more than 350 private equity and venture capital firms, family offices and pension funds.

“Adding a senior banker to our talented team of financial sponsors professionals is reflective of the importance of private equity firms to our investment banking practice,” said Jim Bunn, president of Global Equities & Investment Banking at Raymond James. “Edward shares our mission to drive results for our clients and he is a welcome addition to our financial sponsors team.”

RJIB is part of Raymond James Financial (NYSE: RJF) a financial services company providing capital markets, asset management, banking and other services to individuals, corporations and municipalities.

© 2019 Private Equity Professional | December 4, 2019

Print Friendly, PDF & Email

Related Articles

Revelstoke Closes Fund II Revelstoke Capital Partners has held a final closing of Revelstoke Capital Partners Fund II LP (RCP Fund II) and Revelstoke Single Asset Fund I LP (RS...
Dyal Closes Largest Minority Fund Ever Raised Dyal Capital Partners, a division of Neuberger Berman, has held a final closing of Dyal Capital Partners IV LP (Fund IV) with over $9 billion of commi...
Still the Same Generally favorable market conditions for private business sellers continued to prevail in the third quarter, according to GF Data’s just-released Nov...
Cortec’s Seventh Fund is “One and Done”... Cortec Group has held a first and final closing of its seventh institutional private equity fund, Cortec Group Fund VII LP, at its hard cap of $2 bill...
ZMC Closes at Hard Cap After just seven months of fundraising, ZMC has held a final close of ZMC III LP and ZMC III Parallel LP (together Fund III) with total capital commit...
H.I.G. Beats Target on New Fund H.I.G. Capital has held a final and above target close of H.I.G. Middle Market LBO Fund III LP with $3.1 billion of capital commitments. H.I.G.’s e...