Wall St. firm sets sales

Elstein, Aaron
August 2005
Crain's New York Business;8/15/2005, Vol. 21 Issue 33, p2
The article focuses on Wall Street firms. When China-based shipowner Seaspan Corp. sold an enormous $600 million stock offering last week, it had several institutions to thank. Just 15 months after its founding, the Manhattan-based investment bank, which focuses on the volatile world of shipping, is becoming a regular in the Wall Street winners' circle. At least 10 shipowners have gone public in the past eight months, raising a combined $3 billion. Half of them have used the fledgling firm, which is led by Chief Executive Simon Rose. In 1993, Rose climbed off the lowest rung in the Wall Street ladder, signing on as a broker at Oppenheimer & Co.


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