Mesirow, an independent, employee-owned financial services firm, announced that the firm has been selected as a Primary Discount Note dealer for the International Finance Corporation (IFC), a member of the World Bank Group.
“The IFC’s Global Discount Note Program has served as an additional funding and liquidity management tool, supporting IFC’s trade finance and supply chain initiatives as they play a catalytic role at the forefront of impact investing,” said George Barbar, Senior Managing Director, Mesirow Institutional Sales and Trading. “We are honored to join this select group of dealers.”
With major trading desks located across the U.S., Mesirow Institutional Sales and Trading is poised to make a significant contribution to IFC’s funding program. IFC is the largest global development institution focused exclusively on the private sector by helping developing countries achieve sustainable growth.
Amit Jain, Manager of Cash Management at IFC said, “With nearly $150 billion in annual institutional sales and trading volume, Mesirow’s strength in investor outreach to U.S. public institutions will help expand our investor base. Going forward, the U.S. public institutions market remains an important focus for IFC’s funding program.”
This new relationship is reflective of Mesirow’s focus on expanding the firm’s platform. With headquarters in Chicago and offices in 17 locations worldwide, including London and Hong Kong, Mesirow is currently growing its presence in Florida and the Southeast by raising awareness of the Mesirow brand, expanding the number of Mesirow professionals in this market, and deepening its commitment to philanthropy and connectivity with the area’s local business community.
Over the next 2-3 years, the firm plans to grow its headcount in the region, with an initial focus on Capital Markets, Wealth Management and Investment Advisory services, including corporate and governmental clients. Over the intermediate to longer-term, the goal is to grow across the greater Southeast region, opening offices in locations to best serve clients and expand organically and through opportunistic, complementary lift-ins and bolt-on acquisitions.
Mesirow continues to be well capitalized for future growth and looks forward to making the necessary strategic investments to serve an increasing number of clients globally.
SOURCE: PR Newswire