NEW YORK, Nov. 3, 2011 /PRNewswire/ -- Cantor Fitzgerald & Co., a leading global financial services firm, has further strengthened its credit markets team with the hiring of David Pichler as Co-Head of Credit Fixed Income. Mr. Pichler, formerly of Gleacher & Co., will serve as Co-Head with Adam Vengrow. In this role, Mr. Pichler will be jointly responsible for Cantor's credit fixed income department, comprised of sales, trading and desk analytics.
Cantor also announced other key hires, including Managing Director Ron Adzima and Managing Director Terran Miller. These new members of the credit team represent a collective wealth of market knowledge and insight, and share the firm's unwavering dedication to building a first class credit team. With an increasing number of new recruits, Cantor is firmly committed to expanding its presence in the secondary corporate bonds sector.
In announcing the appointment, Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald & Co., said, "David and the credit team are a prime example of the talent that Cantor is attracting as a result of our global presence, superb distribution capabilities, and strong client commitment. As we continue to aggressively build out our capacity in the fixed income business, these seasoned professionals will help deepen our sales force, strengthen our customer relationships and further our growth in the credit business."
"I am thrilled to join Cantor and look forward to helping our customers navigate the turbulent market and to work with Adam and our team to further build out our franchise," said Mr. Pichler.
Prior to joining Cantor Fitzgerald, Mr. Pichler served as Co-Head of Gleacher & Co.'s investment grade and hybrid business. Previously, he ran U.S. Credit Trading at RBC and also served as Co-Head of Global Credit at Citigroup. He received a B.A. in Economics from Dartmouth College.
Mr. Adzima is Managing Director within Credit Trading, focused on Hybrid, Preferred and Tier 1 parts of the Capital Structure. Previously, Mr. Adzima was Managing Director & Co-Head of Credit Trading at Citadel Securities. Earlier, he worked in the credit business at Salomon Smith Barney. He holds a B.A. in Finance from Rutgers University.
Mr. Miller joins Cantor as Managing Director covering the utility space from investment grade through distressed. Previously, he served as Managing Director at Knight Capital Americas where he provided analytical coverage of industry-wide topics. Earlier, Mr. Miller served as Executive Director at UBS Global Credit Strategies and UBS Investment Bank. He holds a B.S. in Business Administration from Georgetown University.
About Cantor Fitzgerald
Cantor Fitzgerald, a leading global financial services firm at the forefront of financial and technological innovation, has been a proven and resilient leader for over 65 years. Cantor is continuing to grow its capital markets and investment banking businesses. Serving more than 5,000 institutional clients around the world, Cantor is recognized for its strengths in institutional equity and fixed income sales and trading and for its expanding presence serving the middle market with investment and merchant banking services, prime brokerage, and commercial real estate financing. Cantor Fitzgerald also is a leader in new businesses and marketplaces including gaming technology, e-commerce and other ventures. Cantor Fitzgerald & Co. is one of 21 primary dealers authorized to trade U.S. government securities with The Federal Reserve Bank of New York. Cantor Fitzgerald's 1,400 employees serve clients through 30 locations, including major financial centers around the world in the Americas, Europe, Asia/Pacific, and the Middle East. For more information please visit www.cantor.com.
SOURCE Cantor Fitzgerald & Co.