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Penserra Continues Expansion of Capital Markets

CHICAGO, May 4, 2017 /PRNewswire/ -- Penserra Securities LLC, a U.S. based financial services firm that specializes in global institutional trading and related brokerage services announced today that it is expanding its capital markets presence and capabilities with the addition of senior investment professional John Pascente.

"We see significant opportunities with corporate clients across capital markets related services.  John adds a significant leadership presence and capital markets experience to a seasoned team that is already experiencing strong momentum," said George Madrigal, the Chief Executive Officer.

John Pascente, joins Penserra as the Managing Director of Capital Markets. John will be managing debt and equity capital markets activities, deal origination, and corporate buyback transactions. John comes to Penserra with over 19 years of industry experience in Capital Markets including Investment Banking Coverage, Sales, and Investment Management.

"I am extremely pleased to be a part of this dynamic and growing firm that is laser focused on integrity and client satisfaction," said Pascente. "Joining Penserra, which is known for delivering exceptional execution results, provides an opportunity to leverage the firm's existing platform and resources to broaden capabilities in capital markets and provide clients with consistent, value-added solutions."

John joins two existing senior investment professionals, Jose Reyes, who is based in New York City, and Francisco de Bocos, who is based in the San Francisco Bay Area. The Capital Markets division will improve and expand coverage of domestic issuers focusing on debt and equity markets, while increasing distribution to a wide range of investors.  In addition, Penserra will leverage its experienced traders and advanced technology to execute open market share repurchases for corporate clients.

About Penserra

Penserra Securities provides global equity and fixed income execution services, equity research, and investment banking. Since 2009, Penserra has leveraged technology, data, and intellectual capital to provide precise and innovative services to some of the largest and most sophisticated institutions around the world.  Its affiliates, Penserra Capital Management and Penserra Transition Management, provide advisory and fiduciary services to institutional investors. Core services include transition management, ETF sub-advising, index funds and custom beta solutions.

In December, Penserra announced its merger with Cheevers and Company, a Chicago based institutional broker-dealer. The combination of Cheevers, which has built an exceptional reputation over the past 34 years, and Penserra, which has grown significantly over the past 7 years, will form a strong combination of global trading expertise and a wide breadth of broker-dealer services. After the merger is complete, Cheevers will be a division of Penserra.  For more information about Penserra and its services please visit www.penserra.com.

Contact:
George Madrigal
Penserra Securities
925.594.5001

 

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