Continues Technology Talent Investments And West Coast ExpansionPALO ALTO, Calif. Sept. 13, 2011Baird, an employee-owned, international capital markets, private equity, wealth and asset management firm, today announced that it has added veteran investment banker Louis Draper as a Managing Director, continuing the firm’s ongoing talent investments in the technology sector and expansion on the West Coast. Draper, who will work from Baird’s Palo Alto office, will focus on the software space, broadening the firm’s Technology Investment Banking coverage.
Draper joins Baird from RBC Capital Markets where he was the Head of Software Investment Banking in San Francisco for the past five years. Prior to his time at RBC, he served as the Head of West Coast Technology Investment Banking at Raymond James for five years and held investment banking positions at Goldman Sachs for 11 years.
“We are very pleased that Louis has decided to continue his career at Baird,” said Steve Booth, Director of Investment Banking at Baird. “Over the past two decades, he has established an impressive track record in advising technology clients. His knowledge of and contacts within the software space will complement the rest of Baird’s Technology Investment Banking team and strengthen the firm’s overall technology focus.”
Greg Ingram, Head of Technology Investment Banking and Co-Head of Equity Capital Markets added, “Expanding and strengthening Baird’s capabilities in the technology sector is a top priority for the firm. We are excited about Louis joining our Northern California team and leveraging his great talent and expertise to better serve technology clients.”
Baird continues to make talent investments to its Equity Capital Markets platform, particularly within the technology and clean technology sectors. In 2009 the firm launched a new clean technology focus, which includes equity and policy research, as well as investment banking capabilities. In July, Baird added Internet research coverage, hiring Colin Sebastian in San Francisco. Along with the additional talent, Baird held its inaugural Clean Technology Conference in San Francisco last year, bringing together institutional and private equity investors with senior management from dozens of companies. This year Baird is expanding the event and hosting a Technology and a Clean Technology Conference Nov. 29- Dec. 1.
Much of Baird’s growth and expansion over the past few years has been in Northern California. In 2006, Baird had one associate in the region; today the firm has nearly 100 associates in the area, with offices in San Francisco, Palo Alto, Sacramento and Grass Valley, representing Baird’s Private Wealth Management, Fixed Income and Equity Capital Markets businesses.
About Baird Investment Banking
With a team of approximately 175 professionals in the United States, Europe and Asia, Baird’s Investment Banking group provides corporations and financial sponsors with in-depth market knowledge and extensive experience in merger and acquisition and equity financing transactions focused on the middle market. Over the past 10 years, Baird has advised on 735 M&A and financing transactions with a combined value of more than $135 billion. Nearly one third of our M&A transactions in the past five years have involved an international party. Baird has received “Deal of the Year” recognition from The M&A Advisor for six straight years, including four awards in 2010. Baird has also been recognized for four consecutive years by Acquisitions Monthly in Europe, including receiving the “Support Services Adviser Award” for 2011.
Baird is an employee-owned, international wealth management, capital markets, private equity and asset management firm with offices in the United States, Europe and Asia. Established in 1919, Baird has more than 2,600 associates serving the needs of individual, corporate, institutional and municipal clients. Baird oversees and manages client assets of $89 billion. Committed to being a great place to work, Baird ranked number 14 on FORTUNE’s “100 Best Companies to Work For” in 2011 – its eighth consecutive year on the list. Baird’s principal operating subsidiaries are Robert W. Baird & Co. in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s private equity operations. For more information, please visit Baird’s Web site at rwbaird.com.