CHICAGO - Chicago-based investment firm David A. Noyes & Company has hired former Indiana public finance director Mark Moore as part of an expansion of the firm's Indiana investment banking team.
The hire comes six months after Noyes hired veteran Hoosier banker Tom Enright to launch a muni underwriting business in the Indianapolis office.
As vice president, fixed income capital markets, Moore will report to Bob Welch, senior managing director of Noyes' Capital Markets Group. He will work from the Indianapolis office.
He comes to Noyes from Faegre Baker & Daniels LLP, where he was partner. He was at the firm for just under nine years.
He was the state's first public finance director, serving in the role twice, first from 1990 to 1995 and then from 2002 to 2004. In the position he served as chair and general counsel of the Indiana Transportation Finance Authority, now the Indiana Finance Authority. He launched various financings, including sewer and drinking water infrastructure, airport deals, and correctional facilities, according to Noyes.
He has also worked at Ice Miller LLP as senior counsel for seven years and Kutak Rock LLP as partner and associate.
Moore's hire is "perfectly aligned with the expansion of Noyes' fixed-income platform and ongoing growth of Noyes' Capital Markets Group," the firm said in a statement.
"As an investment banker with a strong legal and financial background, Moore will interact with municipalities, municipal advisors and bond counsel to position Noyes as their investment bank of choice for tax-exempt and taxable bond issues," the firm said.
Moore said in the statement that he was joining Noyes at a key point in the firm's growth. "The opportunity we have to build a powerful municipal bond business and establish Noyes as a major regional player in capital markets is tremendous," he said.
With Moore's hire, the Indiana office will have 40 employees. The firm was limited to retail brokerage until last April, when Enright was brought in to expand into the primary markets.
Noyes, at 107 years old, is one of Chicago's oldest securities firms. It has seven offices in Illinois, Indiana and Michigan. It has a total of 108 employees across the seven offices.
