Newbridge Securities Corporation Appoints Lou Basenese Managing Director, Investment Banking and Chief Market Strategist

Capital markets veteran and Fox Business contributor joins Newbridge’s Investment Banking Department out of the Black River Management Ltd. branch office

MORRISTOWN, N.J.--(BUSINESS WIRE)--Newbridge Securities Corporation (“Newbridge”), announced the appointment of Lou Basenese as Managing Director, Investment Banking and Chief Market Strategist. Basenese will work through Newbridge’s Investment Banking Department and will be based out of the Black River Management Ltd. branch office in Morristown, New Jersey.

Basenese brings 25 years of experience across public and private markets, institutional investment consulting, equity analysis, corporate strategy, investment banking, and investor communications. He is also a nationally recognized financial market commentator and Fox Business contributor.

“We are pleased to welcome Lou to Newbridge,” said Thomas J. Casolaro, Co-CEO and Chairman. “His extensive capital markets experience, strong industry relationships, and nationally recognized market perspective will be valuable as we continue expanding our investment banking capabilities. Lou’s appointment reflects our commitment to attracting experienced professionals who can create meaningful opportunities for our clients and the firm.”

In his role with Newbridge’s Investment Banking Department, Basenese will assist in originating and evaluating investment banking opportunities, advising public and private companies on capital formation and market positioning, and developing institutional investor relationships.

As Chief Market Strategist, Basenese will also provide market intelligence, macroeconomic analysis, and capital markets commentary for Newbridge, the Black River branch, clients, and broader audiences, as appropriate.

“Lou understands what companies must do to earn investor confidence and what investors need before committing capital,” said Joseph S. Glodek, Managing Principal of Black River Management Ltd. “His experience, relationships, and ability to identify and communicate differentiated opportunities will complement Newbridge’s investment banking capabilities and strengthen our business development efforts in the emerging growth market.”

Richard Libretti, Managing Principal of Black River Management Ltd. added, “Lou’s experience and relationships complement Black River’s established client base and business development network. We believe the combination creates additional opportunities to identify and serve emerging growth companies seeking access to the capital markets.”

The team expects to continue developing relationships with emerging growth companies focused on technological innovation, intellectual property leadership, and significant addressable markets.

“Emerging growth companies need more than capital. They need the right financing strategy, credible market positioning, and investors who understand the opportunity,” Basenese said. “I’m excited to join Newbridge’s Investment Banking Department and work alongside the Black River team to help identify and develop opportunities for growth-stage companies.”

Securities and investment banking services offered through Newbridge Securities Corporation, Member FINRA/SIPC. Black River Management Ltd. is a branch office of Newbridge Securities Corporation and is not a separate broker-dealer.

About Black River Management Ltd.

Black River Management Ltd. operates as a DBA and branch office of Newbridge Securities Corporation in Morristown, New Jersey. Black River supports business development, market intelligence, strategic relationships, and wealth-management activities conducted through the applicable registered entities. Securities and investment-banking services are offered through Newbridge Securities Corporation, Member FINRA/SIPC.

For more information, visit www.blackriverltd.com.

About Newbridge Securities Corporation

Founded in 1997 and headquartered in Boca Raton, Florida, Newbridge Securities Corporation is a full-service broker-dealer providing securities brokerage and investment banking services to individual and corporate clients through branch offices nationwide. Newbridge Securities Corporation is a member of FINRA and SIPC. Black River Management Ltd. is a DBA (doing business as) name and branch office of Newbridge Securities Corporation in Morristown, New Jersey, and is not a separate broker-dealer. All securities and investment banking services offered through Black River Management Ltd. are provided by Newbridge Securities Corporation. www.newbridgesecurities.com