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Westlake Securities Adds to Capital Markets Division

AUSTIN, Texas, Feb. 1, 2013 (GLOBE NEWSWIRE) -- Westlake Securities, LLC is pleased to announce the recent addition of Craig Hancock to its capital markets team.

Originally from Katy, TX, Hancock has worked in securities for over a decade, in Los Angeles (Wedbush Morgan) and San Francisco (BlueFin Research Partners) before moving to Austin in 2010 with BlueFin. His specialty is institutional equity research sales.

Hancock is a graduate of the United States Air Force Academy in Colorado Springs, CO. He spent five years in active duty military service and achieved the rank of Captain before entering the securities markets.

"The team at Westlake has established a great investment banking franchise that's primed for future growth. With a newly minted research department and deep relationships throughout Texas, the firm has a great opportunity to expand its service for emerging growth companies in both the private and public markets. I look forward to helping the team broaden its institutional investor base," Hancock said.

Jules Scruggs, Westlake's Senior Vice President Capital Markets, said bringing Hancock onto the team was in line with the company's strategic growth.

"One of Westlake's key areas of expertise is oil/gas/energy services. Much of our trading and investment banking is in that space, and our new research division is in that space so it makes sense to add someone like Craig, especially now that the energy market is so active.

"With his expertise and range of institutional relationships, Craig is a great addition to our team and we look forward to another year of growth," Mr. Scruggs said.

Westlake Securities Equity Capital Markets Group provides unique insight into a select group of companies, based on extensive research and due diligence. These companies are introduced to a worldwide group of institutional clients via roadshows and management meetings.

Westlake delivers agency-only execution of domestic and international securities for institutional clients. Using the most sophisticated trading software, seasoned traders provide superior results while ensuring anonymity for clients. Westlake also has extensive experience trading large blocks of illiquid stocks.

About Westlake Securities, LLC:

Westlake Securities, LLC is an investment banking firm serving middle-market companies, with offices in Austin, Dallas, Houston and Lafayette. Westlake's clients include family-owned businesses, privately held companies, private equity and venture capital funds and publicly traded companies. Services include equity capital formation, debt placement, merger and acquisition advisory, fairness opinions, valuations and now, research. Westlake is a member of FINRA and SIPC. For more information, please visit the Westlake website at www.westlakesecurities.com

CONTACT: Fleur Robinson Media Relations Westlake Securities Tel: 512-314-0711Source:Westlake Securities, LLC