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FBR Adds Equity Research Depth With Addition of Lucas N. Pipes

ARLINGTON, Va., July 7, 2015 (GLOBE NEWSWIRE) -- FBR & Co. (Nasdaq:FBRC) ("FBR"), a leading investment bank serving the middle market, announced the hiring of Mr. Lucas N. Pipes in its Equity Research group. Mr. Pipes will cover the metals and mining sector for the firm and will be based in the company's Arlington, VA headquarters.

"The Energy & Natural Resources group has been a central part of FBR for over 18 years. Our voice has led the way on company-specific issues and a view on key commodities," said David Hilal, Senior Managing Director and Director of Research at FBR. "Lucas brings a strong reputation for detailed and unique work in both of these areas, and his original perspective will serve our clients well."

FBR's Energy team now encompasses 11 research professionals in E&P, Services, Renewables, and Metals & Mining and a dedicated Policy analyst.

Lucas N. Pipes comes to FBR from Brean Capital, LLC in New York where he was most recently Managing Director and Senior Analyst in its energy group. While at Brean, he received the Institutional Investor Rising Star award in 2012 for his coverage of the sector. He is a graduate of Bard College.

FBR & Co. (Nasdaq:FBRC) provides investment banking, merger and acquisition advisory, institutional brokerage, and research services through its subsidiary FBR Capital Markets & Co. FBR focuses capital and financial expertise on the following industry sectors: consumer; diversified industrials; energy & natural resources; financial institutions; healthcare; insurance; real estate; and technology, media & telecom. FBR is headquartered in the Washington, D.C. metropolitan area with offices throughout the United States. For more information, please visit www.fbr.com.

CONTACT: Investors: Linda Eddy at 703.312.9715 or leddy@fbr.com Media: Shannon Hawkins at 703.469.1190 or shawkins@fbr.com

Source:FBR & Co.