Brinson Patrick Adds Kevin Tyler to Healthcare
Investment Banking Team
- Boutique Bank Specializing in At-the-Market Offerings Relocates
West Coast Office to Newport Beach, Calif. -
NEW YORK, July 18, 2012 – Brinson Patrick Securities Corporation, a boutique investment bank specializing in at-the-market (ATM) offerings, today announced the addition of Kevin Tyler as managing director of healthcare investment banking. Based in the firm’s West Coast office, which Brinson Patrick has relocated from San Diego to Newport Beach, Calif., he will have an important role in the continued expansion of the firm’s life sciences client roster.
“Kevin adds depth and experience with multiple follow-on offering tools in the life sciences to the Brinson Patrick team and will strengthen our efforts to provide life sciences companies with a broader set of financing alternatives,” said Todd Wyche, founder and managing director of Brinson Patrick. “He has joined us at a time when life science companies better understand the value of utilizing a complete financial toolkit, including ATMs, and are increasingly employing them as part of their financing strategies. We look forward to continuing to build our healthcare franchise with Kevin as part of our team.”
Tyler joined Brinson Patrick from Global Hunter Securities LLC, where he was a senior vice president responsible for financing and advisory assignments for healthcare companies. In this role he completed follow-on offerings for multiple life sciences issuers. In addition, Tyler previously served as director at Wedge Partners Corp. Tyler also worked in investment banking and equity-linked capital markets at Merrill Lynch, where he executed more than $25 billion in transactions for the firm’s corporate clients. During his tenure at Merrill Lynch, he helped companies to obtain financing through equity solutions, including the use of ATM programs.
About At-the-Market (ATM) Offerings
ATMs provide an efficient means of raising equity capital over time, making them ideal for raising general working capital, funding specific projects, funding research and development and paying off debt. ATMs provide flexibility, efficiency, control, discretion and just-in-time capital with minimal dilution of stock when managed by an experienced ATM underwriter. With an ATM, an exchange-listed company incrementally sells newly issued shares into the trading market through a designated broker-dealer at prevailing market prices, rather than via a traditional underwritten offering of a fixed number of shares at a fixed price all at once. ATMs enable publicly traded companies to tap into the existing secondary market for shares on an as-needed basis.
About Brinson Patrick Securities Corporation
Brinson Patrick Securities Corporation is a boutique investment bank that employs a single financing tool − DOCS® (Dynamic Offering of Common Stock) at-the-market (ATM) financing facility − to raise the capital for clients as they need it.
The DOCS® ATM is a low-profile equity offering appropriate for publicly traded companies across multiple industries and market capitalizations. It has been successfully utilized by companies in the energy, life science, technology, real estate, financial services and hospitality industries with market capitalizations that range from $50 million to over $1 billion.
For more information, visit http://www.brinsonpatrick.com.
Brinson Patrick is a FINRA member broker-dealer.
EDITOR’S NOTE: Access Kevin Tyler’s biography. Photograph of Kevin Tyler available on request.