Managing Director, Media Investment Banking Group
RBC Capital Markets, LLC
Marcos Torres is a Managing Director at RBC Capital Markets and is head of RBC’s Broadcasting Investment Banking group. 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.
Marcos is the son of Puerto Rican immigrants who relocated to Bridgeport, CT, Marcos’ birthplace. Marcos experienced a very challenging childhood, including losing his father and mother when he was only 12 years old and 17 years old, respectively. During various times in his childhood, Marcos was homeless and he moved from shelter to shelter. With the help and guidance of many good people, Marcos became the first person in his family to graduate high school as well as college. Due in large part to his incredibly challenging childhood experiences, Marcos continues to be vigilantly focused on making meaningful contributions to his community and serving as a role model to many inner-city young men and women. In addition to sharing his story with many inner-city public school students, Marcos is involved in numerous non-profit organizations, including Latin Donor Collaborative (board member) and QuincesConCausa (fundraising for underprivileged teenage girls in the Dominican Republic).
Marcos resides in the New York tri-state area, albeit he is constantly traveling throughout the United States visiting his clients.