SOURCE: Wedge Partners

Wedge Partners

April 12, 2010 00:00 ET

Wedge Partners Appoints Industry Veteran Jim Deasy as Head of Trading

Seasoned Industry Veteran to Scale Trading Operations and Research Distribution

ENGLEWOOD, CO--(Marketwire - April 12, 2010) -  Wedge Partners today announced that Jim Deasy, a Wall Street veteran with more than 30 years of experience, has been appointed Head of Trading reporting to Evan Morgan, Chief Executive Officer. Deasy has a proven track record of success in all areas of securities trading and management. At Wedge, Deasy will direct institutional sales trading and execution efforts to complement the well regarded Technology, Media, Telecommunications (TMT) and China research offerings.

"Wedge Partners has reached an inflection point in terms of growth and potential," said Evan Morgan, CEO of Wedge Partners. "After eight years of expanding the breadth and depth of our research and brokerage capabilities, Wedge is positioned to invest in sales and trading to drive significant growth in our business. Jim's broad-based trading and operational expertise extends Wedge's ability to scale our expansion efforts. We are extremely pleased to add him to our team."

Before joining Wedge Partners, Deasy spent the last 20 years as a Managing Director at the Credit Suisse Group. Mr. Deasy's responsibilities at Credit Suisse included managing the Equity Trading Group, which encompassed the Listed Block Trading group, the Nasdaq desk, the NYSE floor operations, and the US sales trading group. Deasy started on the Nasdaq desk at Paine Webber in 1977 before spending two years each at Prudential Securities and Dillon Read in their equity departments. Mr. Deasy has been a member of the Board of Directors of the Securities Trading Group of NY and a member of many committees at the NYSE. Mr. Deasy received his BS in Finance from St John's University.

"Wedge has built a tremendous reputation among institutional investors as a result of their deep industry knowledge and their exceptional service to clients," said Deasy. "The need for Wedge's research and brokerage services has never been greater in our industry. I am thrilled to be part of a business that has laid a fantastic foundation and is committed to expanding its leadership position globally."

Wedge Partners is headquartered in Colorado with offices in New York, San Francisco, and Ohio, and is affiliated with Wedge MKI of Beijing China.

About Wedge Partners
Wedge Partners was founded in 2002 to provide institutional investors with insightful fundamental equity research based on bottoms-up analysis. Our analysts and researchers possess both years of experience in the equity markets, but also deep expertise in their areas of coverage. As a result, our customers rely on Wedge Partners to provide highly accurate and timely information in the areas of Technology, Media and Telecommunications. Through Wedge MKI, we provide institutional investors with "on the ground" research in China.

Wedge Securities, our FINRA registered broker-dealer affiliate, executes our clients' most sophisticated brokerage needs through many decades of experience in institutional sales and equity trading. Our sales and trading team delivers liquidity, execution and discretion to some of the largest and most demanding institutional investors in the world.

Wedge Partners Corporation is affiliated with Wedge Securities LLC. The officers and employees of Wedge Partners Corporation are agents of Wedge Securities LLC, a registered broker-dealer and a member of FINRA and SIPC.

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