The PrinceRidge Group LLC Names Leland Harrs and David Gilio to Its Corporate Finance Team

02. November 2009 News Posted by jvbnews

The PrinceRidge Group LLC, the new institutional client-oriented broker-dealer founded by John Costas (chairman) , Michael Hutchins (CEO), Ahmed Alali, Colette Dow, Ronald Garner and Matthew Johnson, has named Leland Harrs and David Gilio to its Corporate Finance Group, reporting to Justin Vorwerk and William Wilson.

The Corporate Finance Group offers a broad range of traditional investment banking services to both corporate clients and the financial sponsor community. Mr. Harrs has joined PrinceRidge as a managing director responsible for covering the chemical industry while Mr. Gilio has joined PrinceRidge as a managing director responsible for covering financial sponsors with a focus on the media and telecommunications industry.

“There is a strong demand among mid-size firms and key industries for the investment banking services we offer,” said Ahmed Alali, head of Investment Banking and Advisory Services. “Leland Harrs and David Gilio bring a wealth of expertise to a fast-growing team.”

Prior to joining PrinceRidge, Mr. Harrs was a managing director for the industrials group at KeyBanc Capital Markets in New York, where he was a senior banker with the firm’s chemical industry investment-banking team. Mr. Harrs has also held senior roles at Dresdner Kleinwort in London where he served as head of the chemical industry corporate finance practice and Chase Manhattan Bank in New York where he was responsible for corporate finance coverage of leading North American chemical companies. Mr. Harrs earned his MBA from Darden Graduate School of Business Administration at the University of Virginia. He has his bachelor’s degree from Columbia University.

“It’s exciting to be part of a team that features both deep experience and a fresh, entrepreneurial approach. I’m especially excited to be able to apply my knowledge of the chemical industry to the timely opportunities that present themselves in that sector,” said Mr. Harrs.

Mr. Gilio joins PrinceRidge from RBS Greenwich Capital in New York where he served as managing director in the financial sponsors and leveraged finance group. Among his duties were the origination of structured and negotiated bank and bond financings for middle market and large-cap financial sponsors. He also has held managerial roles for investment-banking operations at TD Securities and Banc of America Securities. Mr. Gilio earned his MBA from the Marshall School of Business at the University of Southern California.

Mr. Gilio said, “I am excited to be part of an entrepreneurial team working to take advantage of an unprecedented opportunity to provide capital and strategic advice to middle market financial sponsors.”

When asked about the new additions to the Corporate Finance Team, William Wilson, Co-Head of Corporate Finance commented, “The chemicals, media and communications industries offer many opportunities for the kind of entrepreneurial solutions at which PrinceRidge excels. The addition of Lee and David to our growing corporate finance team positions us to offer both our sponsor and corporate clients first class investment-banking solutions in these sectors.”

Added Justin Vorwerk, Co-Head of Corporate Finance, “We are delighted that Lee and David have joined our team. Our momentum in the market is steadily building.”

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