Daily News: March 19, 2013

RBC Capital Hires Tech Investment Banking Co-Heads


RBC Capital Markets said it appointed Michal Katz and Michael Carter as managing directors and co-heads of the U.S. Technology Investment Banking group. They report to Blair Fleming, head of U.S. Investment Banking and will be based in New York.

In addition, Erik-Jaap Molenaar joins RBC as a managing director in the Mergers & Acquisitions group focusing on the technology sector. Molenaar reports to Vito Sperduto, head of the U.S. M&A Investment Banking group, and will be based in New York.

“We are very pleased to welcome these new employees to RBC Capital Markets. Their arrival underscores our commitment to advancing our Technology Investment Banking platform as we continue to focus on, and grow, our advisory and capital raising activities with emerging and established technology companies,” said Fleming.

Katz joins RBC from Barclays, where she was a managing director and head of the Global Software practice within the Global Technology Investment Banking group. Prior to Barclays, Katz was with Lehman Brothers where she held a similar role.

Carter also joins RBC from Barclays, where he was a managing director in the Global Technology Investment Banking group and head of the Enterprise and Information Services sectors, where he advised multinational clients in strategic finance and mergers and acquisitions, with a particular focus on cross border transactions. Prior to Barclays, Carter was with Lehman Brothers where he held similar roles.

Prior to joining RBC, Molenaar was a managing director in the Technology Mergers & Acquisitions group at Barclays, where he advised clients on variety of merger and acquisition transactions. Prior to Barclays, he was a senior member of the Technology Merger & Acquisitions group at Lehman Brothers.

Earlier this year, Mark Mahaney joined the firm as a managing director in the Internet Research sector. Mahaney has been a top-ranked internet analyst by Institutional Investor magazine for the past five years.