AWD Investment Banking

H.A. (Hobby) ABSHIER JR.

is a Managing Director, and founding partner of Abshier Webb & Donnelly. Mr. Abshier was a Managing Director and member of the Investment Committee for the Crossroads Group until its sale to Lehman Brothers in 2004. Mr. Abshier remains with Lehman as a Senior Consultant and member of the Investment Committee, and manages distributions.

Crossroads Group is an experienced diversified private equity investment team focused solely on:

Partnership fund of funds investing
Secondary partnership interest acquisitions
Direct and co-investments in privately held companies

Crossroads Group has committed over $2 billion to over 200 private equity partnerships with more than 4,700 privately held portfolio companies worldwide. Crossroads Group is located in Dallas, Tx.

Mr. Abshier began his career at Rotan-Mosle, Inc., then the largest investment banking firm in Texas. He was a partner, officer, and director of Rotan Mosle, and was responsible for starting the firm's U.S. institutional investment department.

After leaving Rotan Mosle, Mr. Abshier:

Formed FSA Inc., an integrated investment banking firm in Austin, Texas.
Formed an SBIC.
Initiated the Triad Venture Group with over $60 million under management in three regional venture capital funds.

H.A. “Hobby” Abshier's Directorships:

South Texas Drilling Company (now Pioneer Drilling Co.)
CYB Systems, Inc.
Rio Grande, Inc.
Patton Surgical
Technology Works
Dawson Well Services
Sovereign Property Management
Garden Ridge Pottery
Tri-In Network

H.A. “Hobby” Abshier received a B.A. from Rice University and an M.B.A. from Harvard Business School.