BMO Capital Markets has hired Alan Laws as a senior equity analyst to the firm’s North American energy group and Ambrish Srivastava, as a senior equity analyst to the firm’s technology team.

Based in Denver, Laws will focus on covering large cap oil services and drilling companies. Phillip Jungwirth has also been hired as an equity analyst to assume coverage of U.S. exploration and production companies.

Srivastava will cover companies in the semiconductor industry and will be based in San Francisco. He returns to BMO Capital Markets from Criterion Capital Management, where he was a senior analyst, investing in technology companies across multiple sectors in hardware, since 2007.

“The addition of Alan, Phillip and Ambrish highlight our commitment to providing a steady flow of the best investment ideas in the energy and technology sectors for North American investors,” says Paul Campbell, co-head of equity research, BMO Capital Markets.

“Alan’s coverage will be a strong complement to our existing coverage of Canadian oil services and drilling stocks along with mid-cap and niche-oriented U.S. oil services and drilling companies, and will bring the size of our North American energy research group team to nine analysts,” he adds.

“Ambrish’s experience with the semiconductor industry and his insights as an analyst will greatly serve the highly focused approach we pursue in technology research,” says Jack Blackstock, co-head of equity research, BMO Capital Markets.

With more than 70 research analysts, the BMO Capital Markets Equity Research Group now covers more than 900 companies in industries that include energy, business & professional services; capital goods, financials; food & consumer; healthcare; media & entertainment; metals & mining; and technology & telecommunications.

IE