Siemer & Associates Names Managing Director

Los Angeles-based investment banking firm Siemer & Associates, the merchant banking firm headed by David Siemer, said this week that it has named Dan Chen as Managing Director of the company. Chen has previously served at such firms as Montgomery & Co., Merrill Lynch, and TPG Capital. In addition to its investment banking activities, Siemer & ASsociates has an active venture capital arm, Siemer Ventures, and is now running a business incubator, Wavemaker Labs, in Singapore. (Editor's note: Siemer is a sponsor of socalTECH, although that does not affect our coverage).