Corporate and investment banking, global markets, sales and trading, treasury solutions company Mizuho Americas announced the expansion of its US equity research platform, hiring Paul Fremont as an equity analyst covering the utilities sector. Based in New York, Fremont will report to Sheryl Skolnick, Managing Director and Director of US Equity Research at Mizuho Americas.
We continue to expand both our equity research and utilities expertise to provide optimal insight and results for clients,” said Matt DeSalvo, Head of US Equities at Mizuho Americas. “Paul’s deep experience, knowledge and relationships within the utilities sector will provide critical support to our existing franchise.
Fremont joins Mizuho from Nexus Asset Management, where he served as an electric utilities analyst covering thirteen electric utilities companies and independent power producers (IPPs). Prior to that, he spent fifteen years as a Managing Director covering nineteen domestic U.S. utilities with Jefferies equity research team collecting several StarMine, Wall Street Journal and Institutional Investor top stock picker awards.
At Mizuho, Fremont will join James von Riesemann, Managing Director and Equity Research Analyst, in his coverage of the utilities sector, expanding overall coverage to include water utilities and independent power providers. Fremont will also cover larger cap and western utilities companies, serving to double overall sector coverage.
This new hire demonstrates Mizuho’s commitment to a deepening offering in the utilities and larger energy sector, having announced two senior equity trading appointments, Mark McLain and Peter Heller, in January to focus on utilities, energy and industrials trading.