First Albany Companies Inc. - FACT- Profile

First Albany Companies Inc.. The Group's principal activity is to act as an independent investment bank and asset management firm serving the institutional market, corporate middle market and public institutions. It operates through Taxable Fixed-Income, Municipal and Equity Capital Markets divisions by providing its clients with strategic, research-based, innovative investment opportunities. The Group 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. It also provides venture capital, management and guidance for companies in the emerging growth sectors of information technology and energy technology. During 2006, the Group discontinued the operations of Convertible Bond Arbitrage Group. Provides investment banking services that include corporate securities underwriting and financial advisory services