SOURCE: Thomas Weisel Partners Group, Inc.

August 02, 2006 08:01 ET

Thomas Weisel Partners Expands Capital Markets Efforts

SAN FRANCISCO, CA -- (MARKET WIRE) -- August 2, 2006 -- Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG), an investment bank focused on the growth sectors of the economy, announced that Alex Lehmann has joined the firm as a Principal in Capital Markets. Mr. Lehmann will be based in New York and responsible for expanding the firm's origination efforts across equity and equity-linked products.

Mr. Lehmann joins one of Wall Street's largest and most comprehensive investment banking practices focused on growth companies in the technology, healthcare and consumer sectors. TWP has built a strong track record advising clients on both raising capital in the IPO, Follow-on, Convertible, Registered Direct, PIPE and Private Equity markets as well as strategic M&A/Advisory. Since inception, the firm has completed 448 capital markets financings raising $90.9 billion and 141 M&A/Advisory transactions valued at $100.2 billion.

"With ten years of equity capital markets experience, Alex will expand our capacity to originate and execute financings and advise clients across our covered sectors. We look forward to his contributions and are pleased to add dedicated capital markets capabilities in New York to compliment our San Francisco headquarters," said Bill McLeod, Director of Capital Markets.

"I am delighted to be joining Thomas Weisel Partners and look forward to contributing to the growth and momentum the firm has recently achieved," said Mr. Lehmann.

Alex Lehmann joins Thomas Weisel Partners from Merrill Lynch & Co. where he was a Director in Equity Capital Markets in New York. Previously, he worked at UBS Securities LLC in Equity Capital Markets and graduated from Dartmouth College with honors.

The firm also announced the hiring of Richard Wood as a Vice President in Capital Markets based in San Francisco. Mr. Wood will focus on Private Placements and PIPE/Registered Direct transactions, working with Seth Rubin, Director of Private Capital Markets.

Richard Wood joins Thomas Weisel Partners from Cascadia Capital where he was a Vice President in Investment Banking. Previously, he worked at Piper Jaffray and graduated from Seattle University.

Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG) is an investment bank specializing in the growth sectors of the economy including the technology, healthcare and consumer sectors. Founded in 1998, the firm's primary lines of business include investment banking, brokerage, equity research and asset management services. Thomas Weisel Partners has approximately 550 employees and is headquartered in San Francisco, CA, with additional offices in New York City, Boston, Silicon Valley and Mumbai, India.

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