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News Article

10/25/2012

Dallas-Based Investment Bank FirstSouthwest Expands With New Office in Oakland

Dallas-based diversified investment bank FirstSouthwest, which has served as financial advisor on more bond and note transactions in the past ten years than any other firm, ranking No. 1 nationally for nine of the past 10 years according to MuniAnalytics, today announced the firm has expanded its nationwide presence with the opening of a new office in Oakland located at 1300 Clay Street.

In addition to public finance advisory and underwriting, the Firm also offers professional experience in asset management, capital markets, corporate finance and correspondent clearing. Known as a leader in public finance, FirstSouthwest takes a client-focused team approach to capital financing advisory service. This begins at the preliminary strategic stages of preparation for capital projects and continues with market leading advisory service for structuring, pricing and closing financing transactions. FirstSouthwest currently serves more than 1,600 public finance clients.

With more than 20 years of experience in public finance, both in the public and private sectors, industry veteran Joseph Yew will serve as senior vice president of the Oakland office. In addition, Yew has more than 15 years of professional experience in California state and city government, having recently served as the finance director/city treasurer of the City of Oakland, and as the finance director for the San Francisco Public Utilities Commission where he managed their long-range capital and financial master plans, as well as retail and wholesale water and wastewater rates. Yew also served as assistant state treasurer where he was executive director of the California Debt Limit Allocation Committee, and alternate board member for California Public Employees Retirement System and California State Teachers Retirement System. Yew earned a Bachelor of Arts in economics from University of California, Irvine and a Master of Business Administration with a concentration in finance from Carnegie Mellon University.

“We are pleased to have Joseph Yew join the Oakland team as we continue to expand our nationwide presence and position the company for long-term growth,” said Hill A. Feinberg, chairman and CEO of FirstSouthwest. 

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