The PrinceRidge Group LLC Continues Expansion, Opens Offices in Chicago and Los Angeles

17. May 2010 News Posted by jvbnews

Thomas Connors and Mark Smolin tapped to meet growing national demand for fixed-income securities and investment banking services.

NEW YORK–The PrinceRidge Group LLC, the institutional client-oriented broker-dealer founded by John Costas (Chairman), Michael Hutchins (CEO), Ahmed Alali, Colette Dow, Ronald Garner and Matthew Johnson, announced that it has opened branch offices in Chicago and Los Angeles. Senior sales and investment banking veterans Thomas Connors and Mark Smolin, respectively, will head the new branches.

Commenting on the firm’s expansion to the Midwest and the West Coast, PrinceRidge Chairman John Costas said, “There is a growing client demand for our team’s expertise in fixed income securities and investment banking services. To meet that demand, we are extremely pleased to be establishing a formal presence both in Chicago with Tom Connors and on the West Coast with Mark Smolin in Los Angeles.”

Tom Connors is the head of PrinceRidge’s Chicago branch which will primarily serve Midwest institutional clients in their securities and investment banking needs. Prior to joining PrinceRidge, Mr. Connors has spent over 25 years in structured sales covering insurance companies, money managers and hedge funds.

Tom Connors said, “It is exciting to be developing a presence in the Midwest as part of the experienced and growing team at PrinceRidge.”

Mark Smolin will manage the Los Angeles office for PrinceRidge. He has spent more than 20 years working with corporate financial sponsors and leveraged finance groups across a wide variety of industries, focusing on senior debt, high yield debt, mezzanine debt, equities, merchant banking and M&A transactions.

Mark Smolin said, “I look forward to providing the expertise and commitment we offer at PrinceRidge to help West Coast clients fulfill their needs in the securities market and with investment banking services.”

About The PrinceRidge Group LLC

PrinceRidge is a financial services firm built upon extensive industry experience, professionalism and integrity. The firm is client-oriented, fixed-income focused and offers a variety of financial services to an institutional customer base. PrinceRidge is committed to employing the highest quality professionals with significant industry experience, deep product knowledge, integrity and entrepreneurial spirit. For more information about The PrinceRidge Group LLC please visit