CHICAGO — Chicago-based Ziegler Capital Markets Group last week announced the hiring of its first New York City-based health care banker, Mike Quinn, to lead its East Coast banking and advisory efforts with hospitals and health care systems.
Quinn most recently worked at the investment banking and financial advisory firm Shattuck Hammond Partners LLC. He joined the firm last year after working for four years leading the health care and higher education business lines at Assured Guaranty Corp.
“Mike is an incredibly talented banker with a powerful combination of execution-oriented banking and strategy expertise, and rock-solid in working with the health care sector. He’s a terrific addition to our health care team,” said Dave Johnson, co-head of Ziegler’s health care practice.
As Ziegler has sought in recent years to promote its image as a national firm, Quinn’s hiring follows the hiring late last year of its first hospital sector banker, Jullia Quazi, on the West Coast in its Scottsdale, Ariz., office.
Both of the firm’s California and New York offices already housed public finance specialists, but they were limited to senior-living sector bankers and other professionals like institutional sales and traders.
Quazi also came from Shattuck, where she had led capital markets and mergers and acquisitions for health care clients on the West Coast. She also previously worked in the health care groups at Citi and UBS Securities.
Ziegler — a boutique firm that specializes in health care, senior living, education, religious institutions, and renewable energy deals, and has a high-yield niche — has been bolstering its ranks in recent years. It employs a public finance staff of 69 and another 22 work in institutional sales and trading. The firm also operates branch offices in Arizona, Florida, the District of Columbia, and Wisconsin.
“Health care and institutional sales and trading are growth areas for Ziegler and so we will continue to be adding strategically to those groups,” said spokeswoman Leslie Lynch.
Ziegler ranks 31st so far this year among senior managers nationally and closed out last year at 27, up from 33 in 2008. In the health care sector, the firm ranks sixth so far this year, senior managing 13 deals valued at $531 million.
The firm ranked sixth last year, senior managing 27 deals worth $1.87 billion, up from a 13th place finish in 2008 as senior manager on 35 deals valued at $1.1 billion, according to Thomson Reuters.