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Cary Street Partners Announces Addition to Investment Banking Team

October 24, 2007 - Cary Street Partners is pleased to announce that Joseph M. Brower has joined the firm’s Investment Banking team as a Managing Director in Cary Street’s new Greensboro, NC office.  Mr. Brower brings over 20 years of experience in investment banking business, including senior banker positions with both regional and international institutions. 

Prior to joining Cary Street Partners, Mr. Brower was a Managing Director for Soles Brower Smith & Co., where he specialized in sell-side merger and acquisition advisory services, capital placements and recapitalizations.  He began his career at the Federal Reserve Bank where he worked in the Bank Supervision and Regulation Division.  Mr. Brower also worked in Charlotte for First Union National Bank as a Vice President in their Investment Banking Group.  From Charlotte he moved to New York to take a position with Citicorp in the company’s High Yield Corporate Finance Group.  After leaving Citicorp he gained valuable international experience as Director and Head of the US Private Placement Group for Samuel Montagu US and Midland Bank.

Mr. Brower holds a B.A. with Distinction in Economics form the University of Virginia and an M.B.A. from the Darden Graduate School of Business.  He lives in Greensboro, NC with his wife and four children.

In connection with this transaction, Cary Street’s existing High Point, NC office will relocate to Greensboro.  The new address is:

Wachovia Tower
300 North Greene Street
Suite 860
Greensboro, NC  27401-2167
Tel:  336.275.8080
Fax:  336.275.8898