SOURCE: Chatsworth Securities LLC

August 01, 2005 10:46 ET

Stephen Bookbinder Joins Investment Bankers Chatsworth Securities

GREENWICH, CT -- (MARKET WIRE) -- August 1, 2005 -- Chatsworth Securities LLC is pleased to announce that Stephen Bookbinder has joined the firm as a Managing Director. Mr. Bookbinder will focus on investment and advisory opportunities in the global electronic capital markets and qualitative structured products, working with existing clients and new clients to expand the product offerings that Chatsworth provides.

Mr. Bookbinder joins Chatsworth after a very successful career at Bloomberg Tradebook, a global institutional electronic brokerage firm that he co-founded. He spent over a decade as Director of Sales at Bloomberg Tradebook. Prior to joining Chatsworth, Mr. Bookbinder served as Global Head of Sales for eSpeed Inc., a leading provider of financial technology and electronic marketplaces to the global capital markets. Mr. Bookbinder is a welcome addition to the seasoned professionals who have been with the firm for many years.

Chatsworth Securities LLC is a securities firm based in Greenwich, CT, focused on capital markets, investment banking and third party placement services for asset managers including private equity and hedge fund managers. Chatsworth was formed 9 years ago by a group of leading financial services professionals with diverse records of achievement on both the buy- and sell-side of the financial services industry. During the past five years Chatsworth has participated in over 500 new equity offerings, virtually all of which were led by major Wall Street and West Coast firms, attesting to Chatsworth's high regard in the industry.

Chatsworth also has a solid record in raising private equity for emerging companies in a variety of sectors, including information technology life sciences. Chatsworth also raises equity for managed funds and limited partnerships focusing on these and other industry sectors.

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