Adds New Members in Credit, Rates and Mortgage, and Capital Markets Business Lines
Cortview Capital Securities LLC, a national fixed-income broker dealer serving the middle markets, continues its growth, hiring 24 new members for its branch offices in New York City, N.Y., Memphis, Tenn., Boca Raton, Fla., Chicago, Ill., Los Angeles, Calif., and Salt Lake City, Utah. These hires bring a diverse pool of new talent to Cortview's existing network of trading, distribution and research expertise. Cortview Capital's business lines include Credit Products, Rates and Mortgage, and Capital Markets.
One of nine new additions to Cortview's Credit Group, Mark Pibl, formerly of Jefferies and Head of U.S. Research and Strategy at Barclays, will build and run Strategy and Research for Cortview. Focusing on the Credit Group's industrial sector will be Mike Drexler, who joins from MF Global.
For Cortview's Credit Sales, veterans John Stewart, previously at Nomura and Goldman Sachs, John Kumm, previously at Jefferies, and Brian Sullivan, previously at Mitsubishi and Jefferies, have joined the New York office. Daniel DiCamillo, who was previously at Royal Bank of Scotland and El Dorado Trading, will join the Chicago sales office, and Marcus Nield, formerly of Zions Bank, will join in the Salt Lake City office.
Also joining Cortview's Credit Group is Gunjeet Singh, formerly of Lazard, who will co-head the cross-over and high-yield desk with John Caputo. Robert Little joins from Bank of America to add high-yield distribution down the credit vertical.
Cortview's Rates and Mortgage business continues its growth, adding personnel in trading and sales. Heading the Agency Trading effort and based in Memphis, Tenn., Brendan Shanahan joins the firm from Bank of Montreal, where he was instrumental in building its agency new issue and secondary business into a top 20 counterparty for the GSEs. Shanahan was at SunTrust prior to his position at Bank of Montreal. Supporting him will be Jamison Yardley, who joins as Cortview's Southwest Regional Manager from Zions Bank. Mr. Yardley will be based in the Salt Lake City office. Mr. Yardley has more than 17 years of dealer sales and trading experience in the agency and treasury market.
In New York, Michael Lupin, formerly of Gleacher & Company and MF Global, joins the firm to trade agency mortgage derivatives and will be part of a growing effort in the mortgage space. Also joining the mortgage desk will be Michael Mantyla, formerly of Diawa Capital Markets and Jefferies, to trade specified pools; Darren Wolberg, formerly of Keybanc Capital Markets and BB&T, to trade private label CMBS; Nick Licciardi, formerly of Cohen & Company, who will trade Brokered Certificates of Deposit; and Barry Mohr, previously from Cohen & Company and Keefe, Bruyette and Woods, who will trade CDOs.
Joining the Rates and Mortgage sales team in Chicago will be Patricia DeChant, formerly of Raymond James.
Adding to the New York sales effort will be Jennifer Drexler, who joins from US Financial Investments, and Dave Attisani, from Keefe, Bruyette & Woods.
In Memphis, Cortview has hired Chris Doupe to trade Municipals. Mr. Doupe, formerly of Vining Sparks, will be teamed with Bob Berry, previously of Duncan Williams and SunTrust.
Augmenting Cortview's capital markets and banking effort are Robert Fischer, Jeremy Josse and Michael McGoey, who all join from StormHarbour Securities in New York. Messrs. Fischer and Josse will be tasked with building FIG-focused efforts in the capital market arena focusing on middle-market financial institutions' needs from a funding and capital raising perspective, while Mr. McGoey will focus on raising entity- and project-related financing for real estate (including CTL) and also support the FIG effort as appropriate. Colin Hannaway will also work closely with the team to build the firm's efforts in specialty finance, esoteric ABS, and related frequent capital need issuers.
T. Kelley Millet, Cortview's Chief Executive Officer, said, "We are pleased with the pace of Cortview's growth and the ability to attract tremendously strong talent to fulfill our mission. Our improving profitability coupled with the continued strong support of Warburg Pincus enables us to expand both our products and reach, and better serve our clients."
About Cortview Capital Securities
Cortview Capital Securities LLC (Cortview), a wholly owned subsidiary of Cortview Capital Holdings Inc., was launched in September 2010 and is backed by global private equity firm Warburg Pincus. Cortview offers a diverse range of fixed income sales, trading and origination services, as well as advisory and capital markets services to its middle-markets client base. The firm is headquartered in Richmond, Va., and has offices in Boca Raton, Fla.; Charlotte, N.C.; Chicago, Ill.; Houston, Texas; San Francisco, Calif.; Los Angeles, Calif.; Memphis, Tenn.; New York, N.Y.; and Salt Lake City, Utah.
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