Enterprise IT: Moving CapEx to OpEx

Brean Murray, Carret & Co. announced the addition of Ananda Baruah to the BMC Equity Research team as Vice President and Senior Analyst. Mr. Baruah will continue his focus on Computer Hardware, and will work out of BMC’s New York City office.

Prior to joining Brean Murray Carret & Co., Mr. Baruah was Vice President at Bank of America Securities, where he was named Institutional Investor’s 2008 Best Up and Comer for Imaging Technology. Previous to Bank of America, he was Assistant Vice President at Merrill Lynch & Co., where he was a member of the Institutional Investor ranked Computer Hardware research team. Ananda graduated from the University of Pittsburgh with a BS in Information Systems and received a Masters in Business Administration from The College of William and Mary School of Business.

“We are excited to have Ananda join our growing technology team and close the gap in our computer hardware coverage. We look forward to his contribution to BMC’s research department and to the leverage we will gain by combining his efforts with our current momentum in the communications equipment and enterprise software sectors,” said Andrey Glukhov, Associate Director of Research.

Brean Murray, Carret & Co. is a research-driven boutique investment bank and asset management firm, dedicated to Small and Midcap growth companies and their investors. BMC focuses on delivering high quality investment ideas and investment banking services to institutional and corporate clients in the following 5 verticals: Consumer Products and Retailing, Healthcare, Natural Resources, Technology and private/publically traded Chinese Companies. Services include equity research, investment banking, institutional sales and trading, and asset management.

Headquartered in New York City, Brean Murray, Carret & Co. also maintains offices in Chicago, San Francisco and Beijing, China.