Details

Industries

Asset Management,Banking,Finance

Founded date

Jan 1, 1953

Operating Status

Active

Investor Type

Investment Bank

Founded in 1953, First Albany Companies Inc. is a leading institutionally focused independent investment bank and asset management firm. Through its Taxable Fixed-Income, Municipal and Equity Capital Markets Divisions, the firm focuses on serving the institutional market, the growing corporate middle market and public institutions by providing its clients with strategic, research-based, innovative investment opportunities. First Albany offers a diverse range of products and advisory services in the areas of corporate and public finance as well as fixed income and equity sales and trading. FA Asset Management is an investment management company with a growing client base and increasing assets under management. FA Technology Ventures is a leading early stage investor, providing venture capital, management and guidance for companies in the emerging growth sectors of information technology and energy technology.

First Albany Companies has had 2 exits. First Albany Companies most notable exits include LogMatrix ,   iRobot

First Albany Companies has acquired 1 organizations. Their most recent acquisition was Descap Securities on Feb 19, 2004. They acquired Descap Securities for 0.

Date Company Name	Industry	Acquisition Type	Price
Feb 19, 2004 Descap Securities	Banking	acquisition	—	Detail