Allegiance Capital Grabs Derks
The LaSalle Bank veteran will open a Minneapolis office for the Texas investment bank.
November 17, 2010
Allegiance Capital is opening an office in Minneapolis, continuing its recent geographic push into the Midwest. Jim Derks, a veteran of LaSalle Bank, was tapped to oversee the new location as a managing director.
The move follows the recent launch of the firm’s Chicago office, manned by WI Capital Advisors veteran Brad Curtis and Houlihan Lokey vet Omar Diaz. The Dallas-based mid-market investment bank also has locations in Seattle and New York.
Derks formerly led the M&A advisory group of LaSalle Bank, and also put in stints at JPMorgan and Lehman Brothers. Moreover, Derks has corporate development experience, having served as a senior-level project leader, focusing on acquisitions, for Xcel Energy.
According to Allegiance’s website, Joe Chavez is joining Derks in the firm’s coverage of the Minneapolis/St. Paul region.
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