Amherst Pierpont Securities Expands Investment Grade Credit and Mortgage-Backed Securities Platforms

Michael Burke Joins as Managing Director, Head of Credit Sales, and Chris Helwig Joins as Managing Director, Mortgage-Backed Securities and Asset-Liability Management Strategist

Amherst Pierpont Capitalizes on Evolving Market Opportunities to Deepen Senior Leadership Experience and Strategy Expertise Across World-Class Fixed-Income Franchise

10 Dec, 2015, 08:00 ET from Amherst Pierpont Securities

NEW YORK, Dec. 10, 2015 /PRNewswire/ -- Amherst Pierpont Securities LLC, a market-leading independent fixed-income broker-dealer, announced today that it has expanded its senior leadership team through the additions of Michael Burke as Managing Director, Head of Credit Sales, and Chris Helwig as Managing Director and Strategist focusing on Mortgage-Backed Securities and Asset-Liability Management. Amherst Pierpont's additions to its senior leadership team, as well as the recent hiring of five managing directors, are representative of the firm's efforts to take advantage of current market opportunities in order to deepen senior leadership expertise across the firm.

Mr. Burke joins Amherst Pierpont following a 15-year career at Credit Suisse Securities, where he most recently served as Managing Director and Co-Head of Investment Grade Credit Sales. Mr. Helwig joins Amherst Pierpont from Deutsche Bank Securities Inc., where he was most recently Director and Co-Head of U.S. Residential Mortgage-Backed Securities Research.

Mr. Burke will be responsible for leading Amherst Pierpont's rapidly growing presence across corporate bond markets and will work in close partnership with the company's senior trading leadership to effectively integrate sales and trading across a broader credit platform. He will oversee more than 20 sales professionals who are responsible for covering institutional corporate bond investors. At Credit Suisse Securities, Mr. Burke played an integral role in the firm's Investment Grade Credit Sales unit's success in structuring, underwriting and syndicating a robust range of investment grade products for global clients.

As a senior strategist, Mr. Helwig will be responsible for further developing Amherst Pierpont's extensive mortgage-backed securities strategy, with special emphasis on supporting investors whose needs include asset-liability management in addition to fundamental and relative value in the residential markets. At Deutsche Bank Securities Inc., Mr. Helwig led a research team as part of the firm's agency and non-agency mortgage-backed securities and structured products unit, advising institutional clients on portfolio and asset-liability management strategies. Mr. Burke and Mr. Helwig will report to Ryan Mullaney, Senior Managing Director and Head of Sales, and be based in the company's New York City office.

"Michael and Chris bring valuable investment grade credit and mortgage-backed securities experience to Amherst Pierpont," said Mark B. Werner, Chief Executive Officer of Amherst Pierpont Securities. "Global capital markets are undergoing a transformational shift toward a low-risk environment and customers are increasingly demanding higher levels of service from financial institutions. A commitment to customer service is at the core of Amherst Pierpont's business model. Michael and Chris will help us continue to be a thoughtful, strategic and well-capitalized partner to our clients. We are very pleased to welcome them to Amherst Pierpont."

"When we formed Amherst Pierpont in 2014, we set out to create a world-class fixed-income capital markets franchise. The additions of Michael and Chris, along with the other senior appointments we announced today, are key steps in achieving that goal," said Joe Walsh, President of Amherst Pierpont Securities. "Today Amherst Pierpont is providing insight and actionable trade ideas across a broad set of fixed-income products and institutional clients. We are constantly looking to provide value added service while strategically deploying our growing capital to facilitate trading activity. Mike and Chris are strong additions to the Amherst Pierpont team."

Amherst Pierpont also announced the hiring of five managing directors across the company's Structured Products, Rates and Investment Grade Credit divisions, continuing the firm's growth since its 2014 combination.

  • Adam Broman has joined as Managing Director, responsible for Agency Multi-Family Trading, in the New York City office. Mr. Broman joined from Barclays Capital Inc.
  • Jonathan Lum and Michael Teifeld have been named Managing Directors and Co-Heads of Cross Product Sales, based in New York City and Fort Lauderdale, FL, respectively. Mr. Lum and Mr. Teifeld joined from Barclays Capital Inc.
  • Adam Smith has been named Managing Director, Head of Mortgage and Asset-Backed Banking, in the firm's New York City office. Mr. Smith joined Amherst Pierpont from Fortress Investment Group.
  • Mark Steinacker has joined Amherst Pierpont as Managing Director, Head of Money Market Trading, and is based in the company's New York City office. Mr. Steinacker joined from Jefferies.

Amherst Pierpont Securities was formed in 2014 when Amherst Securities Group, LP and Pierpont Securities LLC merged to create a highly competitive, client-focused fixed-income broker-dealer to provide access to a broad range of fixed-income products to institutional and middle-market clients.

About Amherst Pierpont Securities
Amherst Pierpont Securities is a market-leading broker dealer providing institutional and middle-market clients with access to a broad range of fixed-income products including residential and commercial mortgage-backed securities, asset-backed and other highly-structured finance transactions, U.S. Treasuries, federal agency debentures, investment grade corporate securities and repo finance. In addition, the firm offers industry-leading analytics, a broad trading platform and a nationwide distribution network. Amherst Pierpont Securities is headquartered in New York City with nearly 200 employees and offices in Austin, TX; Chicago, IL; Fort Lauderdale, FL; Glenn Allen, VA; Houston, TX; Princeton Junction, NJ; Red Bank, NJ; San Francisco, CA; Westport, CT; with an operations center in Newark, DE. Amherst Pierpont International Ltd is an affiliate located in Hong Kong. Amherst Pierpont Securities is a member of FINRA and SIPC, and an underwriter for FannieMae, Freddie Mac, Farmer Mac and The Federal Home Loan Bank System. For further information about Amherst Pierpont Securities, see www.apsec.com.

SOURCE Amherst Pierpont Securities



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