Cain Brothers, a division of KeyBanc Capital Markets Inc., the corporate and investment banking arm of Cleveland-based KeyCorp, has hired Kyle Hemminger to the firm as a director in its healthcare public finance group. He will be responsible for covering healthcare and senior living organizations across the United States. Hemminger will be based in the Columbus office and report to Zach Kau and Bart Plank, co-heads of Cain Brother’s healthcare public finance group.
Hemminger comes to Cain Brothers with 10 years of healthcare and senior living investment banking experience, most recently as managing director at Lument, formerly known as Lancaster Pollard. During his career, Hemminger has provided public finance for The United States Department of Agriculture as well as mortgage banking, and advisory services to senior living organizations and healthcare providers, both not for profit and for profit.
“Kyle brings great healthcare experience to our platform where he can leverage his historical mortgage banking experience and client base by being able to offer a truly full suite of both capital markets and M&A solutions to his clients,” said Plank. “In partnership with our coverage groups and product partners, Kyle is well positioned to deliver significant value to our clients and has a bright future here.”
“We continue to expand our healthcare platform on the heels of hiring Joe Pollock last summer”, said Derek Chauvette, head of public sector and public finance at KeyBanc Capital Markets. “Kyle will be able to leverage our broad set of capabilities to deliver multiple solutions to our healthcare clients which is especially critical in today’s market.”