PE-Backed Broker-Dealers Joining Forces
July 31, 2012
Broker-dealers Pierpont Securities, a portfolio company of Stone Point Capital and General Atlantic, and Cortview Capital Securities, a portfolio company of Warburg Pincus, have agreed to join together. The combined company, Pierpont-Cortview Securities, will be led by Mark B. Werner, CEO of Pierpont, and headquartered in Stamford, CT. Cortview's CEO T. Kelley Millet, and Pierpont president Thomas C. Connor will serve as co-presidents. Stone Point and General Atlantic will continue to back Pierpont-Cortview Securities.
Brokerage
Stamford, CT
Brokerage
Richmond, VA