Baird, a US-based capital markets, private equity, wealth and asset management firm, has named Peter Kies as managing director, co-head of the firm’s equity capital markets team.

Mr Kies, who has worked at Baird for the past 18 years, will be responsible for jointly overseeing the firm’s equity transaction business alongside Greg Ingram. Mr Kies will focus on the services and consumer sectors and Mr Ingram will continue to focus on healthcare, technology and other emerging growth sectors.

Previously, Mr Kies built Baird’s facility, industrial and rental services investment banking practice where he led a variety of financing and advisory assignments, including public and private equity transactions, buy-side and sell-side transactions, and strategic financial advisory engagements.

Before joining Baird in 1992, Mr Kies was a director of investments for The Equitable.

Bill Mahler, institutional equity services director at Baird, said: “We are very excited to have Peter lend his talents and knowledge to the equity capital markets team. Our footprint in the marketplace continues to expand rapidly, and adding a veteran talent like Peter is another significant step in strengthening our competitive position.”