Etheredge Head of Marine Banking Group

Monday, April 27, 2009

Dahlman Rose & Company, LLC, announced the appointment of Elliott Etheredge as Managing Director and head of the firm's Marine Transportation Investment Banking group. Etheredge is one of several recent executive hires by Dahlman Rose, as the firm continues to strengthen its investment banking, sales and trading, and research capabilities.

"Dahlman Rose has made a commitment to our clients to be there for them in good times and tough times. With this challenging credit environment, we believe equity capital and creative solutions for financing needs are at the forefront," said Simon Rose, Chief Executive Officer at Dahlman Rose. "

Etheredge began his career in transportation more than 15 years ago heading logistics operations in Mexico for Intertrans Corporation and Sears, Roebuck. In 1999, Etheredge joined Bear, Stearns & Co., Inc. as a member of the firm's Aerospace & Defense team before joining the prominent Transportation & Logistics group where he was a Managing Director. After J.P. Morgan's acquisition of Bear Stearns, Etheredge was appointed head of the bank's Maritime Investment Banking group. During his career, Etheredge has participated in more than $55b in announced M&A transactions and has helped clients raise more than $7b of capital.

Etheredge received a BA from the University of Richmond and a MBA from the University of Texas where he was a member of the Phi Kappa Phi and Beta Gamma Sigma honor societies and was recognized as a Dean's Scholar and a Sord Scholar. Mr. Etheredge is a CFA charterholder.

(www.dahlmanrose.com)

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