Stone & Youngberg's Nationally Ranked Public Finance Group Brings on Three New Bankers

2008-06-17 01:10:36 -

www.syllc.com - Stone & Youngberg LLC Steve Hall, 415-445-2656 shall@syllc.com or Pierce Communications Group LLC Kimberley Pierce, 510-326-0058 kimberley@piercecommgroup.com Stone & Youngberg, a leading financial services firm and the nation's top underwriter of California municipal bonds(1), announced that three new bankers will join its Public Finance Group today: Tom Innis has been hired as a managing director; Jake Campos comes

on board as an assistant vice president; and Matt Tracey joins the group as an analyst. All three bankers were previously employed by UBS in the firm's institutional municipal finance group.

"We are very pleased to have professionals of this caliber join our team," said Steve Heaney, a managing director and head of the firm's nationally-ranked Public Finance Group. "In particular, Tom's expertise in the utility area adds significantly to our existing capabilities."

Tom Innis began his career at Paine Webber, which was acquired by UBS in 2000. He has developed significant expertise in the utility arena, serving a host of prominent clients as a senior banker, including Metropolitan Water District of Southern California, the Eastern Municipal Water District, Elsinore Valley Municipal Water District, Sacramento Regional County Sanitation District, Southern California Public Power Authority, City of San Diego, County of Sacramento, and the State of California. Innis graduated from the United States Military Academy and attended the University of Pennsylvania's Wharton School for his MBA.

Jake Campos, a graduate of the California Polytechnic State University with a wealth of experience in infrastructure-related financings, and Matt Tracey, who holds a degree in economics from Vassar College and previously served as an analyst for refunding and new money opportunities, complete the roster of new team members.

Stone & Youngberg, founded in 1931, is one of the oldest private investment banks operating in the U.S. The firm offers underwriting, advisory, and investment services across the country to state and local governments, non-profit organizations, and institutional and private investor clients through its offices in San Francisco, Los Angeles, San Diego, and Big Bear Lake, CA, and in New York, Chicago, Phoenix, Richmond, VA, and Annapolis, MD.

For more information on the Stone & Youngberg, visit www.syllc.com

About Stone & Youngberg: Stone & Youngberg Holdings LLC is a financial services company providing a range of products and services through three subsidiary businesses. Stone & Youngberg LLC, founded in 1931 and member FINRA/SIPC, specializes in the origination and sale of fixed-income securities. The firm led or co-managed the sale of 214 municipal bond issues totaling $4.7 billion in 2007.(1) In addition to bond underwriting and sales, Stone & Youngberg provides investment services to individuals, institutions, and government agencies and offers a wide variety of tax-exempt and taxable securities. S&Y Asset Management LLC is Stone & Youngberg's wealth management company and develops investment portfolios and products tailored to affluent individuals. S&Y Capital Group LLC is a private real estate investment, development, and consulting company.

Stone & Youngberg is headquartered in San Francisco with offices in Los Angeles, San Diego, New York, Chicago, Phoenix, Richmond, VA, Annapolis, MD, and Big Bear Lake, CA. Additional information is available at www.syllc.com or by calling 800-447-8663.

(1) Source: Thomson Reuters 2008.

Firm Hires Industry Veteran Tom Innis as a Managing Director