Investment Banking

FBR focuses its banking, trading and research efforts in seven broad industry sectors – consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. We have a particular commitment to middle market companies, a vitally important sector of the U.S. economy.

To complement and enhance FBR’s traditional strength as one of the leading equity underwriters for middle market companies, in mid-2008 the firm launched a convertible securities unit to broaden its product offerings and better serve small and mid-cap companies. FBR's convertible securities team was founded by senior professionals from the former Bear Stearns’ convertible securities unit. The team originates, structures and trades equity-linked securities – including both convertibles and equity derivatives.

Our Financial Sponsors group works closely with FBR industry groups to deliver an array of investment banking products and solutions to the private equity community and their portfolio companies.

We offer a full range of investment banking and financing services, identifying and structuring innovative opportunities for our clients:

• Initial public offerings (IPOs)
• Secondary and follow-on offerings
• 144A institutional equity private placements
• Convertible offerings and trading
• Public/Private recapitalizations
• Business creation and restructuring
• Preferred equity
• Mergers, acquisitions and dispositions
• Private block trades
• Fairness opinions and other advisory assignments