Liquidnet Hires Geissler for Corporate Market

Eyeing the corporate stock buy-back and issuer market, Liquidnet announced that Andrew Geissler has joined the company as part of the Equity Capital Markets (ECM) & Issuer Services business and will report directly to Steve Greenblatt, Head of Issuer Services and ECM.

“Liquidnet’s institutional marketplace, where the world’s largest investors already buy and sell large blocks of stock safely and efficiently, is now open for corporate business. We have found that corporate treasurers, CFOs and investor relations officers are very aware and very concerned about the quality of the liquidity in the markets today where the majority of the volume is created by market speculators who care very little about company fundamentals,” stated Greenblatt in the company’s release.

“When corporations buy back or offer stock, they have the same fiduciary obligation to do it at the best price for their shareholders. Andrew’s contacts, experience and knowledge of the ECM space will be very helpful in helping us build our market share in this area,” further stated Greenblatt.

Among Geissler’s key responsibilities will be building and strengthening relationships with the issuer community so that they can access the capital they need to support their businesses.

Geissler joins Liquidnet from Knight Capital Group where he was a managing director with responsibility for the origination and execution of ECM transactions including At-the-Market (ATM) primary offerings, share repurchase programs, restricted stock transactions and the sale of concentrated equity positions for corporations, insiders and private equity investors. Prior to that, he was a managing director with Citigroup in ECM and a VP in PaineWebber Inc.’s ECM and investment banking divisions.

Commenting in the release, Geissler said: “Liquidnet has created the first real innovation in the Equity Capital Markets space since I have been in the business.” Bloomberg News recently ranked Liquidnet as both the best broker in North America and the best broker in the world, according to Geissler, who added, “And now I can offer that to my corporate relationships. For me to be able to deliver a product that is so clearly differentiating in this space is a tremendous opportunity.”

Liquidnet’s ECM and Issuer Services Business is focused on delivering greater transparency to corporate issuers to better inform them and offer better control of optimal timing, structure and strategy for equity offerings or repurchases. Liquidnet’s approach to this business includes: Liquidnet’s Institutional Marketplace, Liquidnet’s Infrared desktop application and a research offering including the company’s marquee event, The Leading Indicators Conference.

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio