Lebenthal & Co. has hired Matthew Deane, a banker with more than three decades of experience.
He will join Gregory Anderson as co-head of public finance, reporting to James Sampson, head of capital markets.
Deane will join the firm Monday. He was previously a banker at Hapoalim Securities.
Lebenthal said the hire reflects its continued growth since the firm was relaunched in 2008. It said Deane will help the firm “build on its success, most notably in New York.”
“We could not be more thrilled to have Matt,” said Alexandra Lebenthal, the firm’s founder and chief executive officer. “His knowledge of the market, his technical understanding of municipal finance and his relationships with many of the largest municipal issuers, combined with our legacy and brand, are the perfect complement to one another. He is a key building block in our growth.”
Deane has extensive experience in the municipal bond business.
Prior to Hapoalim, he worked at M.R. Beal & Co. He was chief executive officer of Interval Capital, served as managing director and co-head of the public finance group at Merrill, Lynch & Co, and was a senior vice president at broker-dealer Reinoso & Co. He began his career in 1975 on the municipal trading desk at L.F. Rothschild & Co., a New York-based brokerage firm, where he became a partner.
Deane is a graduate of the Carroll School of Management at Boston College, where he received a bachelor’s of science degree in marketing and finance.
“I am couldn’t be more excited to be joining the Lebenthal team,” he said.
Lebenthal said it continues to bolster it capital markets presence. Most recently, the firm added Jonathan Pataki, Robert Milano, Kimberley Frazier, Edward Jones, and Neal Oldendorp in institutional sales. The firm also hired Robert Morgan as vice president and portfolio manager in Lebenthal Asset Management and David Schiffman in equity trading.
The said it participated in 59 deals representing $34 billion of municipal transactions in 2010.
Lebenthal, the broker-dealer subsidiary of holding company Alexandra & James, was established in 2008. The original Lebenthal & Co. was founded in 1925.
