Stephens, an independent financial services firm, announced today the addition of industry veteran Stephen (Steve) Levitan as Managing Director within the Capital Solutions Group of its Investment Banking division. Based in Stephens’ New York office, Mr. Levitan joins with over 40 years of experience in the high yield, leveraged finance and stressed & distressed markets.
Prior to Stephens, Mr. Levitan was a partner at Scott’s Cove Management LLC. During his multi-decade career, he has served as portfolio manager, investment banker, and head of research. Earlier positions were held at Drexel Burnham Lambert, Oppenheimer & Co., Inc., Wasserstein Perella and RBC Capital Markets, among others. Mr. Levitan is a graduate of Dartmouth College, a Harvard MBA, and a CFA charterholder.
“I’m very excited to return to banking with Stephens,” said Levitan. “The firm’s approach, steeped in deep relationships and a middle-market focus, matches extremely well with my background and interests. My diverse experiences allow me to bring a different perspective to Stephens’ offering. I’m pleased to join this accomplished team of seasoned professionals to assist companies, creditors, managements and other constituencies in driving the right results for their organizations.”
Stephens’ Capital Solutions Group provides structured debt and equity financings, transitional capital raises, liability management transactions, debtor advisory, creditor advisory, distressed mergers and acquisitions, and distressed financing and debt modifications. The practice draws on the full resources of the Stephens platform, including debt capital markets, equity capital markets and financial sponsor coverage.
“Stephens” (the company brand name) is a leading family-owned investment firm comprising the businesses of investment banking, advisory, sales and trading, research, insurance and wealth management. Founded in 1933, Stephens’ US operations are headquartered in Little Rock, AR, with additional locations in strategic domestic markets and a European practice in England and Germany. Stephens is committed to building long-term value for corporations, state and local governments, financial institutions, and institutional and individual investors. Stephens’ affiliates include: Stephens Inc. (offers securities products; member NYSE SIPC), Stephens Investment Management Group, Stephens Insurance, LLC, Stephens Capital Partners LLC, and Stephens Europe Limited. © 2021 Stephens. For more information, visit www.stephens.com.
Stephens Inc. is regulated by the United States Securities and Exchange Commission and the Financial Industry Regulatory Authority (Home Office: 111 Center Street, Little Rock, AR USA, 501-377-2000).