Macquarie strengthens coverage of Software & Services
New York, 24 July 2014
- Aaron Schwartz joins as analyst covering Software and Services
- Appointment strengthens technology and software services sector coverage
- Continues overall expansion of Macquarie Securities’ research coverage
Macquarie Securities, the institutional equities arm of Macquarie Group (“Macquarie”) (ASX: MQG; ADR: MQBKY), today announced the appointment of Aaron Schwartz as Senior Vice President covering Enterprise Software and Services.
Andrew Root, Managing Director and Head of US Research said: “We are delighted to have Aaron join our software and services coverage team. His rigorous approach to software industry and company analysis, combined with his experience in delivering differentiated, insightful and actionable research, will be a great addition to the team and provide immediate value to Macquarie’s clients.”
Mr. Schwartz, who will be based in Macquarie’s New York office, has more than 15 years of equity research experience in the enterprise technology and software sectors. He brings a strong track record in analyzing and synthesizing vast quantities of sector data, and an extensive network of tier one industry relationships.
Mr. Schwartz joins from Jefferies Group, where he was a Senior Vice President and equity research analyst covering technology and software research. Prior to Jefferies Aaron worked at MKM Partners and J.P Morgan Chase. At JP Morgan, Aaron ran their small/mid-cap software research franchise. He received a B.A. from Rollins College and is a certified CFA Chartholder.
Globally coordinated with counterparts in Europe and the Asia-Pacific region, Macquarie Securities’ TMT research team covers the IT services, IT hardware, enterprise IT and data center infrastructure, internet, semiconductor, software, telecommunications, cable, satellite, media, radio, and advertising sectors.
About Macquarie Group
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries. Macquarie employs approximately 13,900 people and has assets under management of over $396 billion (as of March 31, 2014).
Macquarie Securities Group operates as a global institutional securities house covering sales, research, ECM, execution and derivatives activities, and offers full-service cash equities in Australia, Asia, South Africa and Canada with specialized offerings in the US and Europe. Macquarie Securities Group operates in the US as Macquarie Capital (USA) Inc., a member of FINRA and SIPC. Further information can be found at www.macquarie.com/mgl/com/us/local-activities/research.
For further information, please contact:
Corporate Communications, Macquarie Group
Tel: +1 212 231 1310