Consumer Expertise

FBR Capital Markets’ Consumer Investment Banking group adopts a distinctively entrepreneurial approach in serving middle market companies across a range of industry sub-sectors:

Consumer & Food Retail
Hardline Retail
Specialty Apparel

We seek first to listen to our clients and understand their specific needs in order to best build long-term value. In particular, we pride ourselves on our ability to generate unique opportunities, offer innovative advice, provide attractive growth capital options and create shareholder liquidity alternatives for our clients.

Investment Banking

The skill set our Consumer Investment Banking group offers distinguishes us from others. Our team is a blend of highly experienced investment bankers and seasoned top-level executives of consumer companies. It is our belief that this combination offers our clients a level of insight, understanding, execution and creativity that is unparalleled.

Institutional Brokerage

FBR Capital Markets focuses exclusively on areas in which we can clearly make a difference and add value. We do this by establishing broad and deep specialized industry platforms that offer sector-concentrated expertise in research, trading, distribution, investing, mergers and acquisitions and capital-raising. As of May 2009, FBR Capital Markets Consumer Research team covered 40 companies in the consumer & food retail, hardline retail and specialty apparel sectors.

Investment Banking Leads

Joseph R. Nardini
Senior Managing Director, Consumer

FBR believes that the independence and integrity of our Research team are paramount to our mission. FBR Research is completely independent from FBR Investment Banking.

Research Analysts

David Khani, CFA
Director of Research, Senior Managing Director, Energy & Natural Resources
David Hilal, CFA
Associate Director of Research, Senior Managing Director and Group Head of Technology, Media & Telecom