Following up on the hiring of brokers in Madrid last week, Braemar announced on Monday the launch of a Greek corporate finance desk in Athens, led by Stefanos Fragos.

The former DVB and YieldSteet executive is to help local clients raise debt and equity, alongside offering the whole gamut of mergers, acquisitions and restructuring services.

“Amongst several other promising opportunities for 2023, Braemar sees great potential in sourcing capital from Asia and making this available to smaller and medium-sized Greek shipowners,” the brokerage said in a press release.