BTIG Launches Equity Research Group
Hires Industry Veterans Richard Greenfield and Walter Piecyk to Lead Initiative
March 01, 2010 09:03 AM Eastern Time
NEW YORK--(EON: Enhanced Online News)--BTIG LLC, a broker dealer specializing in institutional trading and
related brokerage services, today announced the next stage of its strategic growth plan with the launch of its
fundamental equity research group. To lead its new research effort, BTIG has hired industry veterans Richard
Greenfield and Walter Piecyk.
The expansion into research will further broaden BTIG’s product offering and complements the firm’s existing lines
of business. The research group will focus on the media, cable, satellite, and telecom industries. BTIG’s research will
provide an independent, objective and thought provoking point of view to assist institutional clients in making
strategic investment decisions.
Greenfield and Piecyk previously worked at Pali Capital, where they launched and built a successful research
department. Together they bring more than 30 years of experience to BTIG.
"Clients want insightful data points and differentiated analysis to support their investment process," said Oliver
Wiener, Head of Global Resources at BTIG. "Rich and Walt both have strong reputations as top analysts in their
respective sectors. They are exceptional additions to the firm and will be instrumental in the continued development
and growth of BTIG."
Greenfield was previously a managing director, media analyst, covering media and cable/satellite industries at Pali
Capital. Prior to Pali, he spent four years at Fulcrum Global Partners as a media analyst. Greenfield started his
career at Goldman Sachs & Co., where he spent eight years covering entertainment, cable system and leisure
industries. Greenfield was named a top stock picker in both the 2007 Wall Street Journal Best on the Street and
2007 Financial Times/Starmine surveys, and was cited as top boutique analyst in 2007 by Institutional Investor
magazine. He has a Bachelor of Arts in History from Brandeis University.
Piecyk was previously a managing director, telecoms analyst, covering telecom service provider and communication
equipment industries at Pali Capital. Prior to Pali, he spent four years at Fulcrum Global Partners as a wireless
services and equipment analyst. Piecyk has also held positions at PaineWebber Inc., where he covered the wireless
services and communications equipment industries, and Nextel Communications in corporate development and
corporate finance. Piecyk was named a top stock picker in the Wall Street Journal Best on the Street survey in
2007. He earned a Bachelor of Science in Economics from the Wharton School of the University of Pennsylvania.
BTIG has taken significant steps recently to continue to build its global franchise, including hiring additional senior
professionals in its London, Hong Kong and Australian offices, opening an office in Singapore, launching a fixed
income group, and expanding its prime brokerage team in the U.S. Additionally, BTIG has expanded its entire
product offering to all 10 of in domestic offices. The firm is built around a broad and experienced group of
professionals who are leaders and experts in their respective fields.
BTIG LLC is a premier institutional brokerage and fund services company. Founded in 2002, BTIG, including
through its affiliates, employs over 375 professionals around the world. BTIG serves customers from all over the
world and offers services from five divisions: Equity Trading, Fixed Income, Prime Brokerage, Outsource Trading,
Direct Market Access, Capital Markets, and Corporate Access. BTIG has domestic offices in New York, San
Francisco, Dallas, Boston, Chicago, Los Angeles, Greenwich, Red Bank, Aspen and Orinda. The firm also has
affiliates in London, Hong Kong, Singapore and Sydney.
BTIG LLC is a member of FINRA and SIPC
BTIG Australia Limited ACN 128 554 601 is a member of ASIC and ASX
BTIG Hong Kong Limited, Exchange Participant of SEHK, licensed and regulated by the SFC
BTIG Ltd is a member of the LSE and is authorized and regulated by the FSA
BTIG Singapore Pte. Ltd is registered and licensed with MAS
Caroline Harris, 212-279-3115, ext. 222
Kelsea Michael, 212-279-3115, ext. 231
Peter Tarrant, 212-593-7560