Feb 19 (Reuters) - Goldman Sachs ( GS ) has appointed
insiders William Connolly and Michael Voris as co-heads of
Equity Capital Markets (ECM) in the Americas, according to a
memo seen by Reuters on Wednesday.
The move comes at a time when Wall Street firms are vying to
get more business in their ECM units by winning more mandates on
high-profile initial public offerings as stock market floatation
continues to ride last year's recovery wave.
Goldman is a heavyweight in equity capital markets, the part
of investment banking that starts selling shares in previously
private companies to the public, a traditional way to unlock new
funding for growing businesses.
Connolly, who joined the Wall Street firm in 2005, is head
of Technology ECM and advises clients on equity-related matters
across technology, media and telecommunications, the memo
added.
Voris is global head of Convertible Bond Financing and
manages alternative capital solutions and equity derivatives in
the Americas.