Commerce Street Capital, LLC, a Dallas-based investment banking firm, is pleased to announce that Eric M. Corrigan has been hired as a Managing Director in the company’s Financial Institutions Group. His primary responsibilities will include advising banking institutions on mergers and acquisitions, balance sheet positioning, business plan development and the private placement of capital for initial and secondary offerings.
“Eric has spent more than 20 years in the banking sector and his deep background in bank M&A, capital markets, finance and valuation will be a great asset to our team,” said Dory Wiley, President and CEO of CSC. “The members of our Financial Institutions Group have developed long-term relationships with banking institutions by creating tailored solutions to meet their objectives and we’re confident that Eric will be considered a valuable partner to our clients.”
Over the course of his career, Corrigan has advised clients on more than $35 billion worth of strategic transactions and has helped raise more than $40 billion in capital for clients in the financial services industry including transactions for commercial banks, thrifts, specialty finance and securities firms.
Prior to joining CSC, Corrigan was a Managing Director in the Depository Institutions Group at FBR Capital Markets & Co. in New York, where he sourced and executed strategic, equity and debt mandates for financial services companies in the Mid-Atlantic and southeastern U.S. He was also a Managing Director in the Depository Institutions Group at New York-based Keefe, Bruyette & Woods, Inc., a Stifel Company where he focused on banking companies from New York to Texas.
Previously, Corrigan was a Managing Director in the Financial Institutions Group at Macquarie Capital and its predecessor firm Fox-Pitt Kelton. Corrigan began his career at Salomon Brothers Inc, which later grew to become Citigroup Global Markets, Inc., spending more than 10 years in the Depository Institutions Group focusing on domestic mid-cap commercial banks and thrifts.
Corrigan earned a Bachelor of Science in finance at the University of Colorado Boulder’s Leeds School of Business. He also holds FINRA Series 7, 24, 63 and 79 licenses.
CSC’s Financial Institutions Group practice centers exclusively on serving the needs of the financial services sector. The group aims to provide sound, comprehensive advice, expert structuring and optimum execution to banks, bank holding companies and allied businesses. CSC is recognized as a leader in the industry for its valuation practice and providing clients with unbiased analyses and independent opinions required to fulfill their fiduciary obligations. Since 2007, CSC has advised clients on 32 merger and acquisition transactions, comprising more than $1 billion in deal value.
About Commerce Street Capital
Commerce Street Capital is an investment banking firm serving financial institutions and middle-market companies. They value client collaboration and build long term relationships based on mutual respect, goals and integrity. Their practices include: mergers/acquisitions, debt/equity placements, valuations/fairness opinions, bank capital services, SBIC funds, corporate/real estate finance and regulatory/due diligence services. For more information, visit www.commercestreetcapital.com or call 214-545-6800. CSC is a member of FINRA/SIPC.