Investment banking and brokerage firm Stephens Inc. has named John Baumgartner managing director and co-head of equity capital markets.

Prior to joining Stephens, Baumgartner served as managing director and head of equity capital markets for Robert W. Baird & Company, where he oversaw Baird's capital-raising transactions including IPOs, follow-on equity underwritings, block trades and private placements.

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