RBC Capital Markets today announced that it has named industry veteran Marc Daniel as the senior New York-based managing director in its Mergers & Acquisitions group. He will be responsible for generating and supporting the overall M&A effort with a special focus on working with private equity firms.

Daniel was most recently senior managing director at Bear Stearns & Co. where he built one of the top middle market exclusive sales franchises on Wall Street leading deals in a wide range of industries. While there, he was responsible for a multitude of the firm’s private equity relationships.

“In a relatively short time frame, Marc established one of the leading Exclusive Sales units on Wall Street, and he has a proven success rate in closing deals,” said Allen Morton, head of U.S. M&A at RBC. “His hiring will solidify an already impressive roster of talent in our Mergers & Acquisitions group and puts us in an even more enviable position in the marketplace.”

Prior to his tenure at Bear Stearns, Daniel spent more than six years in the M&A group at Merrill Lynch & Co. where he led a number of marquis transactions.

Daniel completed his undergraduate studies at Princeton University and received his JD and MBA degrees from the University of Chicago.