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Stifel Welcomes ISM Team

LONDON, UNITED KINGDOM, May 03, 2016 (Marketwired via COMTEX) -- Stifel Financial Corp. SF, +0.00% today announced that Stifel Nicolaus Europe Limited, its wholly-owned European broker-dealer, has closed the acquisition of ISM Capital LLP ("ISM"), an independent investment bank focused on international debt capital markets. The acquisition of ISM adds significantly to Stifel's debt capital markets origination, sales and research capabilities in Europe, including an end-to-end platform for convertible securities and other equity-linked debt instruments.

Based in London, ISM has raised over $2.1 billion for corporate clients since 2009. ISM maintains active dialogues with a core universe of over 180 global institutional investors with a focus on corporate debt. ISM's senior team collectively has over five decades of experience at global investment banks such as Jefferies & Co. and Wasserstein Perella. ISM will become a core element of Stifel's expanding debt capital markets business in Europe.

"ISM complements Stifel's existing European business, particularly within our fixed income platform. ISM is well regarded in the emerging markets and credit research areas, and will add convertible brokerage capabilities for our institutional clients. We are excited to welcome Cliff and his team to Stifel," said Ronald J. Kruszewski, Chairman and CEO of Stifel.

"ISM has a track record of achieving outsized results on a relatively small platform. We believe that our partnership with Stifel is the ideal way to leverage the skills, experience, and both client and investor relationships to jointly grow the ISM business as part of Stifel. Our joint efforts will greatly expand our capabilities, reach and the value proposition we offer our clients," said Cliff Siegel, founder and Executive Chairman of ISM.

Stifel Company Information

Stifel Financial Corp. SF, +0.00% is a financial services holding company...


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