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FBR Capital Markets acquires East Peak Advisors

FBR Capital Markets has acquired the assets and personnel of East Peak Advisors, an investment bank.

Along with David DeRuff, who founded East Peak, Brewer Stone, managing director and East Peak co-founder; Kurtis Fechtmeyer, managing director; Christina Laskowski, senior vice president; Scott Stewart, associate; and Noel Torres, associate, will be joining FBR Capital Markets’ TMT investment banking group.

Eric Billings, chairman and CEO of FBR Capital Markets, said: In 2008, FBR Capital Markets’ strategic build-out includes the development of our technology, media and telecom investment banking platform.

This acquisition allows us to provide our clients with enhanced resources and broader sector expertise, and further positions us as a leading investment bank serving the middle market.