A Lafayette-based market management firm has launched an investment banking division and named a veteran of the industry as managing director.

Acadian Capital Group named Matthew Breaux to lead its Acadian Capital Advisors, an effort that marks an expansion of the firm's investment banking services, said ACG managing partner Kyle "Skip" Boudreaux.

Breaux has experience in banking, mergers and acquisitions and corporate finance. He held key leadership roles at various companies, including the investment bank Jefferies Group and Evangeline Securities, which he founded.

In his new role, Breaux will oversee the development and execution of investment banking services, including advisory on mergers & acquisitions, capital markets, and corporate finance. He will also work with corporate clients, institutional investors and stakeholders.

The moves put ACG in position to expand its market presence and offer a robust suite of investment banking services to a diverse range of clients, Boudreaux said.

"Bringing Matt on board is an exciting step for Acadian Capital Group," he said. "He possesses a strong track record of facilitating large transactions and delivering exceptional value to clients. We are confident that under his leadership our new investment banking division will thrive."

ACG, which has offices in Lafayette and Baton Rouge, is a multi-family office and private market management firm that offers services in family office management, private market research, M&A advisory, investment banking and portfolio company operations.