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Greenhill promotes Haddock to MD

The New York investment and merchant bank names Tim Haddock, a five-year veteran of the firm, to managing director.

Greenhill & Co., a New York-based investment banking firm, announced today the promotion of Tim Haddock to managing director. With the addition of Haddock, the firm now has 25 managing directors.

Haddock had been a principal at the firm’s New York office, having joined in 1999 after working in mergers and acquisitions at JP Morgan. He earned his MBA from the University of Chicago and his BA from Texas Christian University.

In addition to its investment banking advisory services, the firm also runs Greenhill Capital Partners, a $423 million (€323 million) private equity fund of which $85 million comes from the firm’s managing directors and professionals. Haddock splits his time between the investment banking and private equity businesses.

Greenhill was founded in 1996 by Robert Greenhill, former president of Morgan Stanley and former chairman and chief executive of Smith Barney. The company has grown revenues from $36.9 million in 1997 to $126.7 million in 2003 and, after going public in May 2004, is currently valued at approximately $875 million.