Pritchard Capital, Global Hunters to form new company

Pritchard Capital Partners and Global Hunter Securities have signed a letter of intent to form Pritchard Global Hunter Securities, a full-service energy-focused investment bank.

Offshore staff

NEW ORLEANS -- Pritchard Capital Partners and Global Hunter Securities have signed a letter of intent to form Pritchard Global Hunter Securities, a full-service energy-focused investment bank.

As Pritchard Global Hunter Securities, the firm will offer a full range of investment-banking services targeted toward small- to mid-cap energy. Consummation of the plan is subject to usual and customary conditions, including regulatory approval.

As part of this transaction, Thomas Pritchard, managing partner and founder of Pritchard Capital, will become president and MD of Capital Markets, and Daniel Conwill, CEO of Global Hunter Securities, will be CEO and head of investment banking at Pritchard Global Hunter Securities.

Edward Lainfiesta, currently president of Global Hunter Securities, will become vice chairman of Pritchard Global Hunter Securities, and Todd Giustiniano, the current CFO of Pritchard Capital, will be CFO of the new entity.

Financial terms of the transaction are not being disclosed. The combined companies will remained based in New Orleans, with offices in New York, Houston, Washington, DC, Atlanta, and Newport Beach, California.

01/15/2009

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