Dan Ives Launches AI-Focused Merchant Bank With Yorkville Securities After 8 Years at Wedbush
Updated
Updated · CNBC · Jul 15
Dan Ives Launches AI-Focused Merchant Bank With Yorkville Securities After 8 Years at Wedbush
1 articles · Updated · CNBC · Jul 15
Summary
Yorkville Ives & Co. opened Tuesday as a merchant bank combining investment banking, equity research, institutional trading and principal investing, with Dan Ives joining as partner and senior managing director.
The firm is targeting AI, technology, industrials, energy transition and infrastructure as Wall Street chases financing and advisory demand tied to data centers, computing capacity and other AI buildouts.
Roger Briggs will serve as CEO, and the bank said it will offer debt and equity raising, M&A and capital-structure advice, execution services, independent research and its own capital alongside clients.
Ives left Wedbush earlier this month after 8 years there and more than 25 years covering tech, bringing a high-profile AI bull to a new platform built around the sector's funding boom.