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CIBC Innovation Banking Expands North American Technology Coverage

August 17, 2021, 07:49 AM

CIBC Innovation Banking announced that Jonathan Schupack is joining its growing North American team as Executive Director and Market Lead for the Texas Region. He will be based in CIBC Innovation Banking’s office in Austin, TX.

Schupack brings over a decade of experience in the financial services industry, covering technology and rapidly growing companies across the software, Internet and digital media, systems, semiconductors and equipment sectors.

He spent the last six years building JP Morgan’s Technology and Disruptive Commerce Banking practice in Texas and the surrounding states. In this role he worked with middle-market private and public companies, gaining deep experience in originating credit facilities for venture-backed and growth-stage companies. Prior to banking, Mr. Schupack worked as a hedge fund equity analyst for two notable New York City-based hedge funds.

“Jonathan is a great and important addition to our global innovation banking team,” said Charlie Kelly, Co-Head US Technology Banking, CIBC Innovation Banking. “His unique financial background and experience will elevate our expertise in high growth companies and help us to continue to fulfill our commitment to the Texas technology community.”

Schupack has a Bachelor of Science in Business Administration from Miami University, as well as a Master of Theology from Duke University. He is also very active in the Austin banking community, serving as President of the Central Texas Board of Risk Management Associates.

This latest announcement follows the continued expansion of CIBC Innovation Banking’s coverage of venture-backed technology companies and venture capital sponsors in the U.S., with additional team members joining CIBC Innovation Banking offices in New York City and Menlo Park.

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