ARLINGTON, Va., Sept. 22, 2015 (GLOBE NEWSWIRE) -- FBR & Co. (Nasdaq:FBRC) (FBR), a leading investment bank serving the middle market, announced the successful completion of its Second Annual Healthcare Conference. The event was held on Wednesday, September 9, 2015 at the Four Seasons Hotel in Boston, Massachusetts.
Approximately fifty management teams from the biotechnology, healthcare IT, managed care, pharmaceutical services and clinical laboratories sectors participated in the conference, which brought together corporate executives and institutional investors for in-depth discussions on the future of the healthcare industry. Participants heard business strategy and general corporate updates from specific companies as well as emerging themes across the healthcare industry. With a 40% increase year over year in the number of one-on-one meetings between management teams and investors, the conference capitalized on the ongoing growth and strength of FBR's healthcare investment banking and equity research coverage.
"The success of this conference clearly demonstrates the growing recognition and influence of FBR's healthcare presence. Despite the volatility in the markets during the summer months, we continue to see strong interest from institutional clients wanting to engage with companies in the healthcare space," offered Adam J. Fishman, FBR Executive Vice President and Head of Sales & Research. "With the addition of MLV, already this year we have completed over 30 transactions representing $1.3 billion in value in this sector. FBR has proven to be a strong conduit for institutional clients to discover new investment ideas in the industry, and help a broad base of management teams find world-class shareholders to support their efforts."
FBR & Co. (Nasdaq:FBRC) provides investment banking, merger and acquisition advisory, institutional brokerage, and research services through its subsidiaries FBR Capital Markets & Co. and MLV & Co. FBR focuses capital and financial expertise on the following industry sectors: consumer; energy & natural resources; financial institutions; healthcare; industrials; 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.
Source:FBR & Co.