BRADENTON, Fla. - Memphis-based Morgan Keegan & Co. has expanded its Shattuck Hammond Partners division with a new office in Nashville manned by a team of six veteran investment banking professionals specializing in the health care industry.
The new hires all came from SunTrust Robinson Humphrey in Nashville.
"Our expansion to Nashville, a city widely recognized as a health care industry capital, represents a strong commitment to this market segment, to the clients we serve, and to our health care corporate-finance practice," Michael Hammond, a managing director at Morgan Keegan and head of its Shattuck Hammond division, said in an announcement Friday.
Duncan Dashiff, a 15-year veteran of health care investment banking, joins the firm as a managing director and will lead the Nashville team. Prior to working at SunTrust Robinson, Dashiff worked at Smith Barney, SunTrust Equitable Securities, and Raymond James & Associates Inc. He is a graduate of the University of Alabama and has an MBA from the University of Chicago.
Others joining Dashiff from SunTrust Robinson are senior vice president David Meagher, first vice president Chris Rogers, associates Patrick Walsh and Chris Dorn, and analyst "Jack" Sang Jeong.
Morgan Keegan in June 2007 purchased Shattuck Hammond, which operates under the same name as an investment banking and financial advisory group specializing in the health care sector.
In the last 10 years, Shattuck Hammond completed more than 160 mergers and acquisitions totaling more than $12 billion in enterprise value, and served as underwriter, placement agent, financial adviser, or bid agent on capital market transactions totaling more than $13.8 billion, the company said.
Morgan Keegan is the investment and securities brokerage, trust, and asset management division of Birmingham, Ala.-based Regions Financial Corp.