Headquartered in San Francisco, California, Thomas Weisel Partners Group (TWPG) is an investment bank founded in 1998. Their corporate focus is to secure investment opportunities in growth sectors of the economy. As part of the Investment Brokerage-National industry, the company trades on the NASDAQ and has a current market capitalization of $187.39M.
The company also has offices in Baltimore, Boston, Calgary, Chicago, Cleveland, Denver, New York City, Portland, Silicon Valley, and Toronto. In addition, they have offices in London, England; Mumbai, India; and Zurich, Switzerland. From these offices, the key growth areas they target are the consumer, energy, financial services, healthcare, Internet, media and telecom, metals and mining, and technology sectors.
Thomas Weisel Partners Group clients are select, wealthy individuals, families, foundations and institutions. They include founders, directors, and officers of multi-billion dollar corporations. They also include partners at major venture capital firms, and public and private companies and funds. Total client assets held with the company exceed $9 billion with their average client’s portfolio over $10 million.
Their private client services include comprehensive wealth management services, investment management consulting, corporate cash management, and corporate and venture services. As an investment banking institution, Thomas Weisel Partners has completed, since their inception, 734 total transactions for $217.3 billion in value; 475 transactions for $104.0 billion in public equity offerings; 171 transactions for $109.8 billion in merger and acquisition transactions; and 88 transactions for $3.5 billion in private placements. These figures are current to the company’s operations as of updating on March 31, 2008.
The company’s venture services group provides a distribution and trading unit for the venture capital community. This group has facilitated stock distributions of more than $5.5 billion since its inception. Thomas Weisel Partners Group’s asset management capabilities have expanded to include more than $1 billion in assets under management for public and corporate pension plans, foundations and endowments, Taft-Hartley trusts, family offices, and high-net-worth individuals.
Their asset management offices are in Boston, San Francisco, Palo Alto, and Portland. With their focus on well thought-out investments in significant growing sectors of the economy, Thomas Weisel Partners Group is growing shareholder value and a select client base all at the same time.
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