On March 2, Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank and ultimate parent company of Texas Capital Securities, announced that Edward Rosenberg has been appointed to serve as a managing director at Texas Capital Securities. He will work directly with Texas Capital Bank’s investment banking and private wealth professionals to lead the institution’s funds management strategy. Rosenberg will report to Daniel Hoverman, head of corporate and investment banking.
Rosenberg brings more than 28 years of experience in funds management to Texas Capital Bank. He previously served as head of ETFs at American Century Investments. He has also held leadership roles with Northern Trust and Russell Investments.
Texas Capital Bank launched its investment banking division in 2021 to offer clients a full range of mergers and acquisitions advisory, capital raising, securities underwriting, and sales and trading services. Broker/dealer services within the investment bank are performed by Texas Capital Securities, a broker/dealer licensed with FINRA and registered with the U.S. Securities and Exchange Commission. Private-wealth services are performed by Texas Capital Bank private wealth advisors, an investment advisor registered with the US Securities and Exchange Commission.
“Ed’s expertise will complement both our private wealth and investment banking businesses as we continue to expand our product and service offerings,” Hoverman says. “We look forward to Ed’s leadership and expect to announce expanded capabilities of our growing platform to our current and future clients later this year.”
Established in 1998, Texas Capital Bank has offices in Dallas, Austin, Houston, San Antonio and Fort Worth.