Mizuho Americas Hires Utilities Equity Analyst to Double Sector Coverage

NEW YORK, Feb. 1, 2017 /PRNewswire/ -- Mizuho Americas today announced the expansion of its US equity research platform, hiring Paul Fremont as an equity analyst covering the utilities sector. Based in New York, Fremont will report to Sheryl Skolnick, Managing Director and Director of US Equity Research at Mizuho Americas.

"We continue to expand both our equity research and utilities expertise to provide optimal insight and results for clients," said Matt DeSalvo, Head of US Equities at Mizuho Americas. "Paul's deep experience, knowledge and relationships within the utilities sector will provide critical support to our existing franchise."

Fremont joins Mizuho from Nexus Asset Management, where he served as an electric utilities analyst covering thirteen electric utilities companies and independent power producers (IPPs). Prior to that, he spent fifteen years as a Managing Director covering nineteen domestic U.S. utilities with Jefferies equity research team collecting several StarMine, Wall Street Journal and Institutional Investor top stock picker awards.

At Mizuho, Fremont will join James von Riesemann, Managing Director and Equity Research Analyst, in his coverage of the utilities sector, expanding overall coverage to include water utilities and independent power providers. Fremont will also cover larger cap and western utilities companies, serving to double overall sector coverage.

This new hire demonstrates Mizuho's commitment to a deepening offering in the utilities and larger energy sector, having announced two senior equity trading appointments, Mark McLain and Peter Heller, in January to focus on utilities, energy and industrials trading.

About Mizuho Americas 
Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. With professionals in offices throughout the US, Canada, Mexico, Brazil and Chile, Mizuho's operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Learn more at mizuhoamericas.com

Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG). Mizuho Financial Group is one of the largest financial institutions in the world, offering comprehensive financial and strategic services including private banking and venture capital through its subsidiaries. The group has over 900 offices and 56,000 employees worldwide in nearly 40 countries throughout the Americas, EMEA, and Asia. At the end of 2016, its total assets were $1.8 trillion. Learn more about Mizuho Financial Group at mizuho-fg.co.jp/english. 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mizuho-americas-hires-utilities-equity-analyst-to-double-sector-coverage-300400189.html

SOURCE Mizuho Americas