Global Syndicate Community Reaches
31
NEW
YORK and LONDON,
May 23,
2023 /PRNewswire/ -- DirectBooks announced today
that BMO Capital Markets, Blaylock Van, and American Veterans
Group have joined the platform. These recent additions increase the
total number of underwriters on DirectBooks to 31, including 5
diversity underwriting firms, and complements a community
of more than 375 institutional investors. The core offering
now consists of Investment Grade, Emerging Markets, High Yield, and
Sovereigns, Supranationals & Agencies (SSAs) issuances across
USD, EUR and GBP markets.
BMO Capital Markets offers a global syndicate presence with
operations in Toronto,
New York, London and Dublin, further extending the global reach of
the DirectBooks underwriting community. The addition of
Blaylock Van and American Veterans
Group represents an expansion of diversity firms joining as
underwriters. As part of its mission, DirectBooks focuses on shared
goals with the communities we serve, which includes a commitment to
Diversity, Equity and Inclusion in financial services.
"DirectBooks welcomes BMO Capital Markets, Blaylock Van and American Veterans Group as we
continue to fulfill our goal of broadening our global community of
underwriters," said DirectBooks CEO, Rich
Kerschner. "We are proud of our momentum and strength
through diversity, and we continue to work hard every day to
advance our mission of evolving the global financing markets."
"At BMO we're always looking for opportunities to meet the
market needs of our clients in a way that offers them the deepest
value and the most efficiency," said Sean
Hayes, Head of US Debt Syndicate. "We are focused on driving
progress toward positive change in global markets and joining the
DirectBooks underwriting community means providing leading digital
experiences in the new issue process to our clients."
"Blaylock Van, LLC is committed
to working closely with our clients, on the platforms that best
suit their needs. We are thrilled to join the broker-dealer
community on DirectBooks, and we are keen to be part of the
positive change that the DirectBooks platform is bringing to the
industry," said Eric Van Standifer,
President and Chief Executive Officer, Blaylock Van, LLC. "With over 32 years of
experience serving as an underwriter spanning Bookrunner and
Co-Manager roles, we recognize that enhanced new issue
communication is essential for underwriters and investors alike. We
are excited about the possibilities this partnership will bring to
our clients and to our business as a whole."
"Joining the DirectBooks platform improves our workflow and
provides American Veterans Group customers with the best-in-class
level of service they've come to expect," said Jared Kurtzer, AVG's Managing Partner. "With its
easy, efficient and transparent order message routing to the new
issue market, DirectBooks levels the playing field for smaller
firms like ours, enabling us to deliver the same stellar service
and communications capabilities to clients that lead managers do.
DirectBooks is a great platform and we're excited to join."
About DirectBooks
DirectBooks leverages its technology expertise and market
knowledge to optimize global financing markets. We are simplifying
the primary issuance process for fixed income by streamlining
communications workflows for underwriters and institutional
investors. DirectBooks was formed by 9 global banks, consisting of
Bank of America (NYSE:BAC), Barclays (NYSE:BCS), BNP Paribas
(FR:BNP), Citi (NYSE:C), Deutsche Bank (NYSE:DB), Goldman Sachs
(NYSE:GS), J.P. Morgan (NYSE:JPM), Morgan Stanley (NYSE:MS), Wells
Fargo (NYSE:WFC). A complete list of participating underwriting
firms can be found on our website. For additional information,
please visit us: www.DirectBooks.com
About BMO Financial Group
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of
$1.15 trillion as of January 31, 2023. Serving customers for 200 years
and counting, BMO is a diverse team of highly engaged employees
providing a broad range of personal and commercial banking, wealth
management, global markets and investment banking products and
services to 12 million customers across Canada, the United
States, and in select markets globally. Driven by a single
purpose, to Boldly Grow the Good in business and life, BMO is
committed to driving positive change in the world, and making
progress for a thriving economy, sustainable future and more
inclusive society.
Media Contact: Kelly Hechler,
Kelly.Hechler@bmo.com, (416) 867-3996
About Blaylock Van
Blaylock Van, LLC (BV) is the
oldest and continuously operating Black-owned banking firm in
the United States, providing
personalized services for clients across the country. Clients
include corporations, municipalities, investment managers, pension
funds, and family offices. The firm's headquarters are in
New York City, with offices in
Atlanta, Chicago, Columbus,
Ohio, Dallas, Miami, and Oakland,
Calif. For more information, please visit
https://brv-llc.com/
About American Veterans Group
American Veterans Group, PBC, is a military veteran-owned,
social impact-focused broker dealer that delivers value to
institutional clients while providing meaningful philanthropic
support to the military veteran community. The company reinvests
25% of its earnings in national and local military veteran
nonprofit organizations that provide worthy services and support to
one of America's most vulnerable, at-risk populations. As Wall
Street's only public benefit corporation, American Veterans Group
empowers institutional clients to partner in its social mission
while enabling them to remain focused on key business objectives
and goals. To learn more about American Veterans Group, visit their
website at www.americanvetsgroup.com.
For American Veterans Group
Mark Kroeger, The Boldsquare
Group, (513) 236-3109 Mark@boldsquare.com
MEDIA CONTACT:
Chris Rodriguez
Chris.Rodriguez@DirectBooks.com
(848) 888-7704
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SOURCE DirectBooks