Baird expands presence in China
Published September 2, 2008 - BizTimes Daily
Baird, an employee-owned international capital markets, private equity, wealth and asset management firm,
Robert W. Baird & Co. Inc. announced today it has expanded its global platform to include investment banking capabilities in Asia with the addition of Anthony Yan-Hong Siu, managing director.
Siu, a 17-year veteran who was previously an investment banker at Standard Chartered Bank in Hong Kong, will focus on cross-border mergers and acquisitions working closely with Baird's investment bankers in the United States and Europe. He will be based in Baird's Shanghai office, which also houses Baird Private Equity operating and investment professionals.
"We have long understood that in order to help our clients be successful in China, it is vital to give them access to on-the-ground experts who are deeply familiar with local business practices and know how to best navigate the market," said Paul Purcell, chairman, president and chief executive officer of Milwaukee-based Baird.. "We have taken that strategic approach with our successful global private equity business, and are very excited about building out our investment banking capabilities to create additional opportunities."
While this is Baird's first investment banking office in Asia, the firm has been establishing a significant presence there over the past several years.
Steve Booth, director of investment banking for Baird, said the company's strategy for expansion in China is modeled after its previous expansion in Europe.
"In order to best serve our clients, particularly those in the consumer and industrial sectors, we must be able to effectively help them access opportunities in China," Booth said. "We have been building networks and relationships in the market for years and are delighted that we were able to attract Anthony to our platform. We are confident that he will be an excellent addition to our team."



