Mr. Torres has over 15 years of investment banking experience and has worked on many high profile and industry-transforming transactions within the Media & Entertainment sectors. Currently, Marcos is the Co-Chair of RBC’s Multicultural Employee Alliance and is also a Latino Donor Collaborate (LDC) board member. Additionally, Marcos is very involved in his community and supports various important social causes.
After graduating from Fordham University in 1999, Marcos joined JPMorgan Investment Bank. From 1999 to 2005, Mr. Torres worked across various investment banking disciplines, including leveraged finance, mergers & acquisitions, and media client coverage. During these six years, Marcos focused primarily on large cap diversified media companies and was involved in a number of very interesting transactions, including Forstmann Little’s $2.1 billion LBO of Citadel Communications, among others.
In 2005, Mr. Torres joined the Mergers & Acquisitions team at NBC Universal (at the time, owned by General Electrical). From 2005 to 2007, Marcos worked closely with NBC Universal’s CEO/President and the various divisional business leaders to develop and execute each business’ strategic agenda and mergers & acquisitions strategy. At NBC Universal, Marcos was the deal team leader on a number of important transactions, including the restructuring of the MSNBC cable network joint venture, the consolidation of Telemundo affiliated TV stations across the U.S., and the acquisition of various digital media properties.
In 2007, Mr. Torres returned to JPMorgan as a Vice President in the Media investment banking group as a client coverage banker. From 2007 until 2012, Mr. Torres emerged as a trusted advisor and worked on many marquee transactions. During this time, Mr. Torres was involved in a number of high profile transactions, including Berkshire Hathaway’s $445 million investment in Media General, General Electric’s sale of NBC Universal to Comcast ($37 billion valuation), Crown Media/Hallmark Channel’s $540 million debut public financing for, and Ticketmaster’s $2.5 billion merger with Live Nation, among others. Additionally, Mr. Torres was the junior banker resource manager and was responsible for managing 60 Analysts and Associates across JPMorgan’s Media, Telecom & Technology group. Also, Mr. Torres was a member of the Bear Stearns/JPMorgan integration team and responsible for the transition of junior bankers.
At the end of 2012, Mr. Torres left JPMorgan to become a Managing Director at RBC Capital Markets, where he currently runs the firm’s broadcasting investment banking practice. At RBC, Marcos has built a powerhouse broadcasting investment banking franchise. As a result of Marcos’ leadership, RBC is now a top 3 M&A advisor and lead financing source to the broadcasting sector. The RBC team has advised on 3 of the 4 largest M&A transactions in recent history, including Media General’s $2.6 billion acquisition of Lin Media, Media General’s $1.4 billion merger with Young Broadcasting, and Belo’s $2.2 billion sale to Gannett. In addition to his deal-making focus, Marcos is also the co-chair of the Multicultural Employee Alliance at RBC Capital Markets.