Baird Global Investment Banking Adds Durc Savini to Lead Restructuring Practice
NEW YORK CITY, Nov. 18, 2021 – Baird, an employee-owned, international financial services firm, today announced that Durc Savini has joined the firm’s Global Investment Banking business as a Managing Director and Global Head of Restructuring Advisory. Savini will be responsible for launching and building a new restructuring practice at the firm, which will expand Baird’s existing advisory services offerings to its investment banking clients. Baird’s Restructuring Advisory practice will focus primarily on advising corporate and financial sponsor clients on their capital structure-related challenges. Baird’s Restructuring Advisory Group will be based in New York.
Savini brings more than 30 years of restructuring and investment banking expertise and experience to Baird. He joins from Guggenheim Securities where he was a Senior Managing Director and a member of the firm’s Restructuring Advisory practice. Prior to Guggenheim, he was Head of Restructuring and Recapitalization at Peter J. Solomon Company. Savini also has held senior restructuring roles at Miller Buckfire & Co., a boutique restructuring advisory firm spun-out from Wasserstein Perella & Co. He began his investment banking career at Bear Stearns & Co. Prior to attending business school, he worked in leveraged finance at CIBC Wood Gundy Securities Corp. Savini has a bachelor’s degree in economics from Columbia University and an MBA from The University of Chicago Booth School of Business.
“We are thrilled to have Durc join Baird to help us expand our client advisory expertise and capabilities,” said Brian Doyal, Co-Head of Baird’s Global Investment Banking business. “He’s a highly respected restructuring industry veteran with more than 30 years of experience, and we’re looking forward to launching and growing the Restructuring Advisory practice under his leadership.”
“Our record year-to-date performance is a testament to both the talent and focus of our team and the trust that clients continue to place in us,” said Brian McDonagh, Co-Head of Baird’s Global Investment Banking business. “The addition of Durc and the team of highly skilled bankers he is assembling will further expand our capabilities to serve our clients.”
“Baird has built a preeminent, global, middle-market investment bank, and I am excited to help expand their already strong strategic advisory reputation with the addition of a restructuring advisory capability of equal measure,” said Savini.
Baird’s Global Investment Banking group is on track to achieve its best-ever year of revenues in 2021. As of the end of October, the business hit the milestone of completing more than 250 financing and advisory transactions.
About Baird Global Investment Banking
Baird is a leading global investment bank focused on the middle market with approximately 375 banking professionals in the U.S., Europe and Asia. We provide corporations, entrepreneurs, private equity and venture capital firms with in-depth market knowledge and extensive experience in merger and acquisition, debt advisory and equity financing transactions. Since 2016, Baird has completed more than 580 advisory transactions, representing nearly $175 billion in transaction value, and 370 financings, raising $132 billion. Committed to being a great place to work, Baird ranked No. 32 on FORTUNE’s 100 Best Companies to Work For in 2021 – its 18th consecutive year on the list.
Putting clients first since 1919, Baird is an employee-owned, international wealth management, asset management, investment banking/capital markets, and private equity firm with offices in the United States, Europe and Asia. Baird has approximately 4,600 associates serving the needs of individual, corporate, institutional and municipal clients and more than $355 billion in client assets as of December 31, 2020. Committed to being a great workplace, Baird ranked No. 32 on the 2021 Fortune 100 Best Companies to Work For® list. Baird is the marketing name of Baird Financial Group. Baird’s principal operating subsidiaries are Robert W. Baird & Co. Incorporated in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s investment banking and private equity operations. For more information, please visit Baird’s website at www.rwbaird.com.
For additional information, contact:
Baird Public Relations