Mizuho Continues Build Out of US Equity Research Team

April 12, 2015

New York – Mizuho Securities USA (MSUSA), the U.S. investment banking subsidiary of Mizuho Financial Group, has appointed two senior officers to its US Internet and Interactive Gaming research team, announced John Koudounis, President and CEO.

Neil Doshi has joined MSUSA as Managing Director leading the team, and San Phan has joined the firm as Senior Associate.  “Neil comes to us with impeccable credentials. He has a long tenure covering the Internet sector with significant experience gained both on Wall Street and in Silicon Valley,” Koudounis said. “San is well-regarded by investors for his interactive gaming coverage. Both are valuable additions to our equity research team and we welcome them to the firm.”    

Doshi joins MSUSA with a 17-year career in the Internet and technology sector. Most recently, he served as managing director and senior Internet research analyst at CRT Capital Group, LLC. Previously, he was vice president and lead Internet analyst of the top-ranked Internet research team at Citigroup, Inc. Doshi also served with ThinkEquity Partners LLC and as a business analyst at Google.   

Phan was an associate equity analyst at BMO Capital Markets, where he focused on coverage of the Internet gaming subsector. He also held positions with Pacific Alternative Asset Management Company (PAAMCO), Morgan Stanley and Pricewaterhouse Coopers.

Matthew DeSalvo, Head of Equity, stated, “These hires add to MSUSA’s growing Equity Research presence and solidify our global research product around this incredibly important sector.”    

Sheryl Skolnick, Head of Equity Research, said, “Neil Doshi is the only Internet analyst on the Street who worked at Google, which showcases his knowledge of the industry and our commitment to hiring the best talent. San Phan has a strong track record in coverage of the Interactive Gaming sector. These two new hires demonstrate MSUSA’s commitment to growing our business with the best and brightest.”       

Doshi and Phan will work together with the firm’s China Internet analyst Jim Yoon and with Mizuho’s Tokyo-based Internet research team led by Shinsuke Iwasa.


About Mizuho Securities USA
Mizuho Securities USA Inc. is a U.S. registered broker-dealer headquartered in New York City, with offices in Atlanta, Boston, Chicago, Hoboken (NJ), Houston, Los Angeles, San Francisco and London (UK).  MSUSA provides a wide range of fixed income and equity securities products and investment banking services to institutional clients. MSUSA is one of only 22 firms designated as a Primary Dealer in U.S. Government and Agency securities. MSUSA also is a U.S. registered futures commission merchant (“FCM”) and a member of most international futures exchanges. MSUSA’s parent company, Mizuho Securities Co., Ltd., is a top-tier, full-service, Japanese securities firm and a core member of the Mizuho Financial Group. 

Mizuho Financial Group, Inc. (NYSE: MFG), based in Japan, is one of the largest financial institutions in the world, offering a broad range of financial services including banking, securities, trust and asset management, credit card, private banking services, and venture capital through its group companies. The group has approximately 55,000 staff working in more than 880 offices in over 35 countries and territories and total assets of over $1.62 trillion as of December 31, 2014. Its core global corporate banking entity, Mizuho Bank, Ltd., has offices throughout Japan, theU.S., the Americas, and the world, providing financial and strategic solutions to major corporations, financial institutions and public sector entities. For more information, please visit http://www.mizuho-fg.co.jp/english/

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