ATHENS, GA--(Marketwire - Oct 3, 2012) - The National Investment Banking Association (NIBA) today announced New York Global Group (NYGG) as a Corporate Gold Sponsor.
Emily Foshee, Executive Director of the National Investment Banking Association, commented: "NIBA is pleased to welcome New York Global Group as a Gold Sponsor of our national events. NIBA is committed to providing outstanding services to our investment banking member firms."
New York Global Group President, Benjamin Wey, and Executive Chairman, James N. Baxter, commented: "The total number of U.S. brokerage firms that raise capital for small growth companies in America has dropped by more than 50% in the last five years. The National Investment Banking Association has done an outstanding job of supporting its investment banking member firms that assist emerging growth companies. New York Global Group is pleased to serve as a potential buy-side funding source for some of NIBA's Members' initiatives that invest in job opportunities at companies across the United States."
About New York Global Group (NYGG)
New York Global Group (NYGG) (website: www.nyggroup.com) is a leading venture capital, private equity investment and corporate advisory group servicing portfolio emerging growth companies. With access to more than $500 million in investment capital in Asia, NYGG has participated in more than 200 projects over the last decade in the areas of corporate finance, venture/private equity investments, due diligence assignments and export assistance. NYGG is led by its Executive Chairman, attorney James N. Baxter -- a Harvard Law School graduate with more than 30 years of senior Wall Street experience. A FINRA arbitrator for 16 years, Mr. Baxter is the former Head of Far East Investment Banking at Merrill Lynch, Head of Pension Services Group at Salomon Brothers and a former securities attorney at global law firm Sullivan & Cromwell. New York Global Group has offices in New York and Beijing. NYGG U.S. is headquartered at The Trump Building, 40 Wall Street in New York City.
About National Investment Banking Association (NIBA)
NIBA is a not-for-profit global trade association of regional and independent brokerages, investment banking firms, institutional investors, and related capital market service providers. Since its inception, NIBA member firms have successfully completed over 1,000 private and public financings totaling over $10 billion in new capital for America's finest emerging growth companies. The member firms of NIBA represent over 8,000 registered representatives with an estimated $78 billion in assets under management, and are responsible for 90% of all Initial Public Offerings under $20 million. For more information, please visit www.nibanet.org. You can also follow NIBA updates on Twitter @NIBAnet.