Berenson & Company Announces Appointment of John C. Rice as Managing Director


NEW YORK, NY - Berenson & Company, the New York-based investment bank, today announced the appointment of John C. Rice as Managing Director in the firm's Power and Utilities Group.

Prior to joining Berenson, John was the head of the Energy Investment Banking Group at Credit Lyonnais Securities. Before that he was a senior member of the energy groups at Credit Suisse First Boston and, prior to their merger, Donaldson, Lufkin & Jenrette. John began his investment banking career in 1987 and has focused on the energy sector exclusively since that time. He has advised a broad range of clients on many types of financial transactions including: mergers and acquisitions, restructurings, bankruptcies, and all forms of public and private capital raisings.

"I am delighted to be joining Berenson & Company," said Rice. "Berenson offers me an excellent opportunity to capitalize on my years of experience as an investment banker serving the power and utilities sector. Berenson offers objective counsel and exceptional services in the core areas of M&A, financing and restructuring. The firm is in a strong position to take advantage of a number of opportunities in a rapidly transforming environment within the power and utilities sector."

"John Rice brings an excellent track record to Berenson & Company. His experience and relationships within the power and utilities sector will be valuable assets to the firm," said Jeffrey Berenson, the firm's President and CEO.

About Berenson & Company

Berenson & Company is an independent investment banking firm that provides high quality financial advice and outstanding service to a broad range of public and private corporations, financial institutions, equity sponsors and entrepreneurs. Founded in 1990, Berenson & Company's investment banking activities include mergers and acquisitions, financing, restructurings and other strategic financial advisory services.