75 Most Powerful Blacks on Wall Street


Year for 2003. He also led AMEX’s efforts to dispose of several high-profile businesses, including the sale of the company’s ATM business to 7-Eleven in 2003 and the tax-free spin-off of Ameriprise Financial to shareholders in 2005.

Shawn D. Baldwin. Chairman & CEO. Capital Management Group. Chicago, IL . Age: 40. Bottom Line: Baldwin is a Wall Street fast- tracker who has built his asset management and investment banking firm one acquisition at a time. The first possession was MuniDirect, an Atlanta-based domestic broker-dealer. Next, he acquired KCM Capital Management, an Anguilla-based offshore broker-dealer. A BE 100S company, CMG has been involved in the General Electric spin-off of GenWorth Financial and Google’s IPO. Baldwin has participated in more than 72 transactions totaling more than $63 billion in value.

Bernard Beal. CEO. M.R. Beal & Co.New York, NY Age: 51. Bottom Line: Beal is at the helm of the sixth-largest black-owned investment bank with more than $42 billion in managed issues for 2005. Since its inception in 1988, M.R. Beal has grown to 45 professionals based in offices throu

ghout New York; Sacramento, California; Chicago; Dallas; an
d Atlanta. Beal leads a team that has participated in $29.9 billion of municipal bond underwritings in 2005 and continues to rank among the top 20 underwriters of municipal securities worldwide.

Ronald E. Blaylock. Chairman & CEO. Blaylock & Co.. . New York, NYAge: 46. Bottom Line: Blaylock’s firm holds the No. 3 spot on the BE INVESTMENT BANKS list with $82.7 billion in total managed issues. The one-time Georgetown University hoops star garnered an industry-wide reputation in 1996 when the company became the first minority-owned firm to lead a corporate bond underwriting. Blaylock continues to make some eye-catching moves. In 2005, the firm served as a lead manager on a $1.6 billion bond financing for General Electric and its equity capital markets business and as a co-manager on Google’s $4 billion secondary offering.

Francisco L. Borges. Chairman & Managing PartnerLandmark Partners Inc. Simsbury, CTAge: 54. Bottom Line: The former Connecticut state treasurer has led the expansion of Landmark’s secondary market activities. Borges guided Landmark’s direct investment participation through the creation of Landmark’s co-investment and growth capital programs. Landmark has formed 20 funds focused on venture capital, buyout, mezzanine, and real estate partnerships over the last 16 years. These funds have been capitalized at more than $6.3 billion. Prior to joining Landmark, Borges was managing director of GE Capital’s Financial Guaranty Insurance Co. and capital markets subsidiaries.

Napolean Brandford III. Chairman & Founding Partner. Siebert Brandford Shank& Co. L.L.C. New York, NY. Age: 54. Bottom Line: With 25 years of experience under his belt, Brandford is a seasoned public finance veteran. The founding partner manages the Texas and Western regions of SBS. Brandford maintains an active client list that includes many city and state agencies nationwide. An astute financial strategist, he competes against giant firms. Such power moves have worked well in building SBS and helped it seize the No. 4 spot on the BE INVESTMENT BANKS list with $50.6 billion in


×