ITG Investment Research Expands with New Analyst Hires in Medical Devices and Softline Retail

NEW YORK, June 30, 2011 - Investment Technology Group, Inc. (NYSE: ITG), a leading agency research broker and financial technology firm, today announced plans to expand investment research coverage with the hiring of two new senior analysts, Dale Shivnarain in medical devices and Linda Tsai in softline retail. 


Mr. Shivnarain joins ITG Investment Research as lead analyst in the medical devices sector. He previously served as Director of Healthcare Research at Coleman Research Group.  Prior to Coleman, Mr. Shivnarain worked as a senior healthcare analyst at UBS PaineWebber and Charter Oak Partners.  He has also worked as a molecular biologist at Memorial Sloan-Kettering Cancer Center. 


Ms. Tsai joins ITG Investment Research as lead analyst in the softline retail sector.  Before joining ITG, she was a senior softline analyst at MKM Partners.  Prior to MKM, Ms. Tsai served as an equity research associate at BMO Capital Markets and Morgan Stanley. 


"Linda and Dale are both well-respected, seasoned analysts and we are pleased to welcome them to the team," said Tony Berkman, CEO of ITG Investment Research.  "These hires demonstrate our commitment to delivering data-driven investment insights to our institutional clients across a growing range of industries, both in the U.S. and internationally."


ITG Investment Research provides coverage of over 300 companies in more than 20 sectors, as well as macro energy and economic research and bespoke research projects.  For more on ITG's research capabilities, visit



About ITG

Investment Technology Group, Inc., is an independent agency research broker that partners with asset managers globally to improve performance throughout the investment process. A leader in electronic trading since launching the POSIT® crossing network in 1987, ITG takes a consultative approach in delivering the highest quality institutional liquidity, execution services, analytical tools, and proprietary research insights grounded in data.  Asset managers rely on ITG's independence, experience, and intellectual capital to help mitigate risk, improve performance, and navigate increasingly complex markets. The firm is headquartered in New York with offices in North America, Europe, and the Asia Pacific region. For more information on ITG, please visit

ITG Media/Investor Contact:


J.T. Farley
(212) 444-6259


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