Pake will head the firm’s Beverly Hills, California office and will provide transaction sourcing and execution, with a primary focus on banks and thrifts on the West Coast.
Pake has over fifteen years of experience in strategic advisory and capital markets roles serving a wide range of financial institutions. He has spent the past 10 years in the Financial Services Group with BB&T Capital Markets, where he was responsible for closing over $11 billion of M&A and capital markets transactions. 'We extend a warm welcome to Dan and look forward to his valuable contribution and leadership by serving our clients with unwavering commitment in these uncertain times', said Steven Hovde, President and Chief Executive Officer of Hovde Financial.
About The Hovde Group
The Hovde Group is a leading U.S. financial advisory group that provides a full-service suite of investment banking, capital markets, and financial advisory services focused exclusively on the banking and thrift industry. As a leading specialist in the banking sector for over 25 years, The Hovde Group consistently ranks among the top firms in mergers and acquisitions and capital markets transactions for U.S.-based banks and thrifts.
With offices in Chicago, Los Angeles, Washington D.C., West Palm Beach, Austin, and Beijing, Hovde’s experienced and dedicated professionals can provide clients across all 50 states with the expertise, resources and focus necessary to structure, negotiate and successfully close strategic transactions.