Cohen & Co. Hires MD to Lead Space Tech Coverage
What happened
Cohen & Company Capital Markets has appointed Pawel Skonieczka as Managing Director to lead its coverage of Space Technology, Aerospace, and Communications Infrastructure. The hire follows a year in which the firm closed $43 billion in transactions and signals a strategic focus on these TMT sub-sectors.
Why it matters
- Pawel Skonieczka previously spent nearly a decade at Deutsche Bank, where he was a Director who led the firm's global coverage of the space technology sector. - His past transaction experience includes advising satellite operator SES on its multi-billion dollar acquisition of Intelsat and arranging the equity raise for direct-to-smartphone satellite developer AST SpaceMobile. - The move signals a strategic focus on an industry sub-sector that is shifting from venture-style innovation to scaled industrial deployment, where consolidation and strategic M&A are expected to increase. - Skonieczka’s earlier career included roles at Macquarie Capital within the Leveraged Finance and Financial Sponsors group and at KPMG in the Economic and Valuation Services practice. - While at Deutsche Bank, he founded and hosted the firm's annual Global Space Summit, a key event for building the bank's franchise in the sector. - Cohen & Company Capital Markets is a boutique investment bank established in 2021
Key numbers
- The hire follows a year in which the firm closed $43 billion in transactions and signals a strategic focus on these TMT sub-sectors.
- Cohen & Company Capital Markets is a boutique investment bank established in 2021
What happens next
- The move signals a strategic focus on an industry sub-sector that is shifting from venture-style innovation to scaled industrial deployment, where consolidation and strategic M&A are expected to increase.
Quick answers
What happened in Cohen & Co. Hires MD to Lead Space Tech Coverage?
Cohen & Company Capital Markets has appointed Pawel Skonieczka as Managing Director to lead its coverage of Space Technology, Aerospace, and Communications Infrastructure. The hire follows a year in which the firm closed $43 billion in transactions and signals a strategic focus on these TMT sub-sectors.
Why does Cohen & Co. Hires MD to Lead Space Tech Coverage matter?
Pawel Skonieczka previously spent nearly a decade at Deutsche Bank, where he was a Director who led the firm's global coverage of the space technology sector. His past transaction experience includes advising satellite operator SES on its multi-billion dollar acquisition of Intelsat and arranging the equity raise for direct-to-smartphone satellite developer AST SpaceMobile. The move signals a strategic focus on an industry sub-sector that is shifting from venture-style innovation to scaled industrial deployment, where consolidation and strategic M&A are expected to increase. Skonieczka’s earlier career included roles at Macquarie Capital within the Leveraged Finance and Financial Sponsors group and at KPMG in the Economic and Valuation Services practice. While at Deutsche Bank, he founded and hosted the firm's annual Global Space Summit, a key event for building the bank's franchise in the sector. Cohen & Company Capital Markets is a boutique investment bank established in 2021