Veteran investment banker Bill Farmer has joined Stifel as a managing director to lead the Aerospace, Defense & Government Services Investment Banking Group. He is based in Stifel’s Bethesda, MD office.
Farmer joins Stifel with more than 25 years of deal and industry experience specializing in government services, aerospace and defense, intelligence, and engineering. Most recently, he was senior managing director at Teneo Capital, which acquired the firm he founded, Twelve Rolling Capital, in 2016.
Earlier in his career, Farmer served as the CFO of a government contractor focused on supplying advanced technology to the defense community before eventually being appointed co-president of Jefferies Quarterdeck, the Aerospace & Defense Investment Banking Group at Jefferies. Later, he co-headed the Aerospace & Defense Group at Lazard.
“Bill has a deep understanding of the sector and an extensive client network that stretches across public and private companies, as well as financial sponsors,” said Brad Raymond, global head of Investment Banking at Stifel. “We are excited to add someone of Bill’s caliber to our team. He has the unique combination of practical industry experience and advising companies on a breadth of strategic transactions.”
Stifel Financial is a financial services holding company headquartered in St. Louis that conducts its banking, securities, and financial services business through several wholly owned subsidiaries.