New York, 02 May 2011
Macquarie Group (“Macquarie”) (ASX: MQG; ADR: MQBKY) today announced that Fehmi Zeko was appointed Senior Managing Director and Head, US Media and Telecommunications for Macquarie Capital. He joins Macquarie today and will be based in Macquarie’s New York office.
Mr. Zeko has more than 25 years of advisory experience in the media, entertainment and telecommunications industries. Previously, at Deutsche Bank he was a Vice Chairman of its Global Investment Bank and Chairman, Global Media and Telecom. Prior to joining Deutsche Bank in 2006, he was Group Head, Global Media and Co-Head, Global Communications at Citigroup. Most recently, he was Vice Chairman at Foros Group, a boutique investment bank where he was responsible for its media and communications advisory practice.
Mr. Zeko has been involved in a number of significant transactions and industry mergers in media and communications throughout his career, including GE/NBC’s acquisition of the Weather Channel, Time Warner’s spin-off of its cable and AOL subsidiaries, Live Nation’s acquisition of Ticketmaster, the sale of Vivendi Universal to GE/NBC and Warner Music’s IPO.
“Fehmi is a well-respected professional with an outstanding track record in the media and telecommunications sector. His transactional experience and depth of client relationships, when combined with Macquarie’s global advisory platform, will benefit clients by providing a full suite of capital markets and distribution capabilities with superior sector-specific advice,” said Tim Bishop, President and CEO of Macquarie Capital (USA).
Macquarie recently completed a number of significant transactions in the sector, including: joint M&A advisor, joint bookrunner/joint lead arranger and equity provider for Cumulus Media’s $2.4 billion acquisition of Citadel Broadcasting; sole bookrunner on a $195 million Senior Secured Credit Facility for Encompass Digital Media and Financial Advisor on its purchase of Ascent Media's Global Content Distribution Business; and joint bookrunner/joint lead arranger for a $420 million senior secured credit facility for Airvana Network Solutions.
Alex Harvey, Global Head of Telecommunications, Media, Entertainment and Technology (TMET) for Macquarie, said: “The addition of Fehmi will further drive our US advisory franchise. His appointment underscores our client-focused approach in the sector, and builds on the breadth and capability of our TMET team.”
Mr. Zeko received his BBA and MBA from Texas Christian University’s M.J. Neeley School of Business, where he currently serves on the International Board of Visitors.