NEW YORK--(BUSINESS WIRE)--Liquidnet, the institutional equities marketplace, today announced that Andrew Geissler has joined the company as part of the Equity Capital Markets (ECM) & Issuer Services business and will report directly to Steve Greenblatt, Head of Issuer Services and ECM.
“Liquidnet’s institutional marketplace, where the world’s largest investors already buy and sell large blocks of stock safely and efficiently, is now open for corporate business. We have found that corporate treasurers, CFOs and Investor Relations Officers are very aware and very concerned about the quality of the liquidity in the markets today where the majority of the volume is created by market speculators who care very little about company fundamentals,” said Greenblatt. “When corporations buy back or offer stock, they have the same fiduciary obligation to do it at the best price for their shareholders. Andrew’s contacts, experience and knowledge of the ECM space will be very helpful in helping us build our market share in this area.”
Chief among Andrew’s responsibilities will be building and strengthening relationships with the issuer community so that they can access the capital they need to support their businesses.
“Liquidnet has created the first real innovation in the Equity Capital Markets space since I have been in the business. Liquidnet is also ranked as both the best broker in North America and the best broker in the world by Bloomberg News and now I can offer that to my corporate relationships. For me to be able to deliver a product that is so clearly differentiating in this space is a tremendous opportunity,” said Geissler.
Liquidnet’s ECM and Issuer Services Business is focused on delivering greater transparency to corporate issuers to better inform them and offer better control of optimal timing, structure and strategy for equity offerings or repurchases. Liquidnet’s unique approach to this business includes:
- Liquidnet’s Institutional Marketplace, a safe and efficient venue to execute large block equity trades to minimize market impact.
- Liquidnet’s Infrared™ desktop application, which filters out the noise of traders and non-investors and provides issuers with insight into institutional sentiment and how their stock is trading through a view of aggregated investor sentiment not available anywhere else.
- A research offering that includes the company’s marquee event, The Leading Indicators Conference, which brings together leading company executives, academics and industry experts to discuss macro-economic issues from distinct micro vantage points and focus on those industries that can help shed light on changing economic conditions.
Geissler joins Liquidnet from Knight Capital Group where he was a Managing Director with responsibility for the origination and execution of ECM transactions including At-the-Market (ATM) primary offerings, share repurchase programs, restricted stock transactions and the sale of concentrated equity positions for corporations, insiders and private equity investors. Prior to that, he was a Managing Director with Citigroup in Equity Capital Markets and a Vice President in PaineWebber Inc.’s Equity Capital Markets and Investment Banking divisions.
About Liquidnet
Liquidnet is the institutional equities marketplace, bringing together the world’s largest asset managers and public companies on a single network that directly connects traders, portfolio managers, analysts and corporate issuers. Liquidnet enables its Members to achieve greater performance by moving from investment idea to implementation faster, ultimately retaining more alpha throughout the entire institutional investment cycle. Launched in 2001, Liquidnet extends to 39 equity markets across five continents. Liquidnet is headquartered in New York with offices in Boston, London, San Francisco, Chicago, Toronto, Tokyo, Hong Kong, Sydney and Singapore. For more information on Liquidnet, its liquidity, block executions, and additional investment capabilities, visit www.liquidnet.com.
A registration statement relating to the Class A Common Stock of Liquidnet Holdings, Inc. has been filed with the SEC, but has not yet become effective. The Class A Common Stock of Liquidnet Holdings, Inc. may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
© 2011 Liquidnet Holdings, Inc. and its subsidiaries. Liquidnet, Inc. is a member of FINRA/SIPC. Liquidnet Europe Limited is regulated by the Financial Services Authority and is a member of the London Stock Exchange and a remote member of the Warsaw Stock Exchange. Liquidnet Canada Inc. is a member of IIROC and a member of Canadian Investor Protection Fund. Liquidnet Asia Limited is regulated by the Hong Kong Securities and Futures Commission as a licensed dealer and a provider of automated trading services pursuant to the Securities and Futures Ordinance and is regulated by the Monetary Authority of Singapore as a Recognized Market Operator. Liquidnet Japan Inc. is regulated by the Financial Services Agency of Japan and is a member of JSDA/JIPF. Liquidnet Australia Pty Ltd. is a licensed corporation under the Corporations Act of Australia, AFSL number 312525 and is registered as an overseas company in New Zealand, number 2407809.