Brownstone Investment Group Hires Sean Richter as Director
Bond Market Veteran Joins Firm's Growing Investment Grade Effort
NEW YORK, July 20 /PRNewswire/ -- Brownstone Investment Group ("Brownstone"), a fixed income investment firm, today announced that Sean Richter has joined as a Director in its Investment Grade Department. Richter joins Brownstone from Stifel Nicolaus, where he spent two years as co-head of the Investment Grade Corporate Desk.
"We are thrilled to have Sean on board," said Douglas Lowey, President and CEO of Brownstone. "We have branched out from our high yield roots by adding a top-notch investment grade operation over the past three years. Bringing on Sean positions us to continue our successful expansion and diversification effort."
Brownstone began expanding into investment grade products in 2007, bringing on Michael Catalano and, a year later, Christie Morse. Richter's hire solidifies the firm's disciplined growth strategy, which includes adding strategic professionals within its principal trading operation and developing synergistic new business lines.
"This is an exciting time to join Brownstone," said Richter. "They have a long standing history, deep relationships, and a solid reputation on the Street."
Prior to his executive role at Stifel Nicolaus, Richter was a Senior Vice President at Jefferies & Company. He held Vice President positions at Spear, Leeds & Kellogg from 2002-2005, and Pershing from 2001-02. Richter began his career in corporate bond trading at Legg Mason Wood Walker in 1996, and holds a bachelor's degree in business administration from Loyola College in Baltimore.
For more information, please visit www.brownstone.com.
About Brownstone Investment Group
Founded in 1998, New York-based Brownstone Investment Group LLC ("Brownstone") is a dynamic, technology-driven fixed income investment firm. The firm's multiple business lines center around its expertise within the high yield and investment grade credit markets. Brownstone is one of the leading and oldest independently held firms operating in its niche.
SOURCE Brownstone Investment Group
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