Institutional Investor-Ranked Media & Internet Analyst to Join Berenson & Company as Senior Advisor

PRNewswire

05/22/2013

NEW YORK - Berenson & Company, a leading independent merchant-banking firm, announced today that Spencer Wang, the former Head of US Media & Internet Equity Research at Credit Suisse, will join Berenson as a Senior Advisor. Mr. Wang left Credit Suisse in 2012 to pursue a number of media and internet investment opportunities on his own, and will continue to spend time on such activities.

During his career as a top equity analyst, Mr. Wang was named to Institutional Investor’s prestigious All-America Research Team for eight consecutive years in multiple and different categories, including Entertainment, Internet, Cable/Satellite TV, and Broadcasting. He joined Credit Suisse in 2008 as the senior analyst covering the Internet and Entertainment sectors, and as Sector Head oversaw a team of 12 research professionals across Media, Internet and Telecom. Prior to joining Credit Suisse, he worked in a similar capacity for numerous leading investment banks including Bear Stearns, JP Morgan, and Salomon Smith Barney.

“Spencer is yet another example of how our firm is building a truly proprietary set of capabilities in the Media, Entertainment, Telecom and Technology sectors,” said Jeffrey Sechrest, President of Berenson & Company. “He is well-known among the major Media and Internet companies for his deep understanding of the convergence of media and technology, and what it means for the future of their businesses. Spencer joins Jon Newcomb and Keith Cowan as true industry experts we have added over the past year who provide us a level of operational and strategic insight that is unique among investment banks.”

Lisbeth Barron, Head of the Media, Entertainment & Leisure practice at Berenson, added “I have known Spencer for many years going back to our time together at Bear Stearns, and have been seeking a partnership with him for some time. I am delighted that we will once again be able to work closely together. He is visionary in his understanding of the media and internet sectors, and is a perfect fit for our strategy of delivering deep domain expertise and unique insights to our clients.”

“The convergence of media, telecom and technology is causing enormous change, which is in turn creating unprecedented opportunity,” said Mr. Wang. “Berenson & Company is clearly building a franchise to help clients understand and take advantage of those new possibilities, and I very much look forward to leveraging my knowledge and engaging my network as part of the firm.”

Mr. Wang holds a B.S. in International Trade from Johns Hopkins University. He lives in New York City.

About Berenson & Company

Founded in 1990, Berenson & Company is an independent investment banking firm that provides high quality financial advice to a broad range of public and private corporations, financial institutions, equity sponsors, management teams and entrepreneurs. The Firm's investment banking capabilities include a comprehensive suite of mergers & acquisitions advisory services, public and private financings of debt and equity, and financial restructuring and recapitalizations. Its business philosophy is characterized by an objective, client-focused approach, and it is recognized for its unique insights and creative problem-solving in industries that are undergoing significant disruption.