Macquarie Capital deepens financial technology expertise with two senior appointments
New York, 23 Oct 2018
- John Katzenmeyer joins as Managing Director, Eric Varney as Senior Vice President
- Financial Institutions team expands its financial technology offering with senior hires
- Pair brings expertise in payments, processing, technology-based lending and other financial technology verticals
Macquarie Capital, the corporate advisory, capital markets and principal investment arm of Macquarie Group, today announced the hiring of two senior contributors to the financial technology vertical within its Financial Institutions Group. John Katzenmeyer has been appointed Managing Director and Eric Varney has been appointed Senior Vice President. Both will work alongside Peter Davis, US Head of Financial Technology at Macquarie Capital, as well as Macquarie Capital teams in Europe, Australia and Asia. Messrs. Katzenmeyer and Varney will be based in San Francisco.
Mr. Katzenmeyer joins Macquarie Capital from Stifel Financial Corp., where he was Global Head of Financial Technology for the past five years. Prior to Stifel, Mr. Katzenmeyer led the financial technology practice at UBS and has previous experience at Banc of America Securities and Credit Suisse First Boston. Mr. Katzenmeyer has nearly 20 years of advisory experience in financial technology.
Mr. Varney also joins Macquarie Capital from Stifel, where he covered the financial technology sector for the past five years. Mr. Varney brings more than 12 years of experience in the technology and financial services sectors, with previous experience at UBS and Capital One.
“Financial technology firms are rapidly transforming financial services. Given the innovation and activity in the sector, strengthening our coverage has been a high priority,” said Dan Miller, Co-Head of the US Financial Institutions Group at Macquarie Capital. “John and Eric bring deep sector expertise and advisory experience as well as strong relationships with both strategic and financial sponsor clients.”
“John’s and Eric’s leadership in M&A and capital markets transactions in payments, transaction processing, lending technology and other financial technology verticals is highly complementary to our existing franchise. We are excited to welcome them to the platform,” added Peter Davis, US Head of Financial Technology.
Messrs. Katzenmeyer and Varney have significant transaction and sector experience within financial technology and bring strong relationships across a broad range of financial technology companies and investors. In addition to M&A in the Americas, Macquarie Capital has been active on a number of cross-border fintech M&A transactions and in the last two years raised over $9.5 billion in debt for fintech clients, as well as invested alongside clients in three fintech companies.
Messrs. Davis, Katzenmeyer and Varney will also work closely with Macquarie Capital sector teams more broadly, especially in technology, services and insurance, to both serve broad client needs across the fintech sector and to leverage the deep expertise that Macquarie has established in these areas across North America, Europe, Asia and Australia.
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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 25 countries. Macquarie employs approximately 14,400 people and has assets under management of more than $381.8 billion (as of March 31, 2018). For further information, visit www.macquarie.com.
About Macquarie Capital
Macquarie Capital combines grounded thinking with innovative approaches to develop transformative ideas and realize greater possibilities for our clients - our partners. We look beyond convention to connect our clients with ideas and opportunities others don’t see, while our global platform, specialized expertise and comprehensive services allow us to deliver what others can’t.
Our capabilities encompass corporate advisory and a full spectrum of capital solutions, including capital raising services from equity, debt and private capital markets and principal investments from Macquarie’s own balance sheet. These offerings are reinforced through our deep sector expertise in aerospace, defense and government services, consumer, gaming and leisure, financial institutions, infrastructure and energy, real estate, resources, services, telecommunications, media and technology sectors across the US with 402 transactions completed, valued at $264 billion in the year to 31 March 2018.