Nollenberger Capital Partners exiting equity capital markets

San Francisco-based Nollenberger Capital Partners is closing its equity capital markets division, eliminating 27 positions and closing its New York and Chicago office locations, effective immediately, the investment banking and advisory firm announced Tuesday.

The firm will redirect its resources into its private client, investment banking, public finance and retirement plan services divisions. IT plans to boost the current staff of 55 employees in those divisions to approximately 70 to 75 people within the next year, adding to the existing San Francisco, San Jose and Newport Beach, California offices.

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