Neil Dabney has left Dabney Resnick, a high-yield boutique providing investment banking, investment management, brokerage and research, Judy Resnick, CEO, said in a letter to clients.
She also told clients that Imperial Credit Industries acquired a 49% stake in the firm. As a result, the name has been changed to Dabney/Resnick/Imperial.
Ms. Resnick did not return calls about Mr. Dabney, a co-founder and principal of the firm. But another firm official said, ``No one knows where he's landed yet.''
According to the letter, Mr. Dabney's responsibilities have been assumed by existing staffers.