Kingswood US hires experienced industry duo to enhance in-house capabilities

investmentnews.com:

The U.S. division of Kingswood, a global network of independent wealth management firms managing more than $13 billion in client assets, has hired two industry veterans for leadership roles.

Edward Tsuker will serve as the CEO and Ariel Imas as president of Kingswood Investments, a division of Kingswood Capital Partners LLC, boosting its enhanced, full-service in-house investment banking and capital markets capabilities.

“Under Edward’s and Ariel’s experienced and steady leadership, Kingswood Investments will take advantage of opportunities to offer a new type of investment banking service to clients, while greatly adding to the overall growth of our organization,” said Michael Nessim, CEO, president and managing partner of Kingswood U.S. “Higher growth allows us to invest more across Kingswood to position the firm for future growth.”

The firm’s high-producing team focuses on providing capital to mid-market businesses that are undergoing operational, financial or market-driven change to varying degrees. It comprises professionals who have an average of 20 years’ experience in investment banking with senior professionals having successfully led private equity firms.

They include a team led by Brian Herman in Boca Raton, and a SPAC advisory team in Austin, and the team expansion amplifies Kingswood’s Investment Banking Division in New York, Florida, and Texas.

While Kingwood Investments will be open to considering all industries where there is a strong opportunity, its team will focus on three key verticals: healthcare, technology, and natural resources and energy.

“Having a capital markets division in-house gives our financial advisors a unique opportunity to access high-quality transactions to create value for their