DALLAS, Sept. 21 /PRNewswire/ -- Investment banker John J. Veatch, Jr. has joined Southwest Securities, Inc.'s Corporate Finance group.
"We have assembled an experienced team of investment bankers at Southwest Securities, and we take great pride in their abilities," said Jeffrey Singer, executive vice president and head of Corporate Finance. "Jack Veatch is an important addition to our team. He brings a wealth of experience and knowledge to help us serve our growing client base as we continue toward our goal of being the premier investment bank in the Southwest."
Over the course of his investment banking and merchant banking career, Mr. Veatch has completed more than $30 billion in capital-raising and advisory assignments. During a 20-year career with Salomon Brothers, Mr. Veatch was the partner in charge of the Southwest Regional Office, where he oversaw investment banking, municipal finance, real estate finance and institutional sales. Later, as managing director with Donaldson Lufkin & Jenrette and Bear Stearns, Mr. Veatch served as an advisor to Fortune 1000 companies, private equity firms, family businesses, ultra-high net worth individuals and public and private retirement funds. Most recently, Mr. Veatch was involved in private equity, merchant banking and real estate pursuits.
Mr. Veatch's roster of clients through the years included American Airlines, A. H. Belo Corporation, Centex Corp., Exxon/Mobil, J.C. Penney, Kimberly Clark, Lincoln Property Company, Trammell Crow Company, and many others, including the launch of Consort Resources U.K., Ltd. for Lord Colin Moynihan. Mr. Veatch has also advised buyers and sellers for several closed transactions in the professional sports world, including the purchases of the Texas Rangers baseball club and the Dallas Stars hockey club, as well as the sales of the Dallas Cowboys football club, the Houston Astros baseball club, the Houston Rockets and San Antonio Spurs basketball teams, the New York Islanders hockey club, family interests in the Atlanta Falcons football team, and others.
He was involved in underwriting the inaugural financing for the Texas Municipal Power Authority and was a member of the Blue Ribbon Financial Advisory Board that launched the Dallas Area Rapid Transit (DART). He also served under Governor William G. Clements and Governor Mark White as a member of the Texas Treasury and Pension Advisory Board reviewing investment policies and operations of billions of dollars in Texas treasury and pension investment funds.
Throughout his career, Mr. Veatch has devoted time to community service. Among his current and past affiliations, he has served as board member, trustee, and held executive positions with Boys & Girls Clubs of Dallas, Boys & Girls Clubs of Greater Dallas Foundation, Dallas Citizens Council, Dallas Civic Opera, Dallas Museum of Art, Dallas Summer Musicals, Dallas Symphony Orchestra, The Hockaday School, St. Mark's School of Texas, Southern Methodist University (Financial Institutions Advisory Committee), and Southwest Medical Foundation.
Mr. Veatch attended the United States Naval Academy, St. Louis University School of Engineering and Washington University Graduate School of Business.
Southwest Securities, Inc., a member of NYSE, FINRA and SIPC, provides securities brokerage, investment banking and securities clearing services to a broad range of individual, corporate, public and industry clients. The firm is a wholly owned subsidiary of SWS Group, Inc. , a financial services holding company whose stock is listed and traded on the New York Stock Exchange under the symbol, SWS.
Southwest Securities, Inc.
CONTACT: Jim Bowman, Vice President - Corporate Communications of
Southwest Securities, Inc., +1-214-859-9335, jbowman@swst.com
