Cantor Fitzgerald & Co. Announces the Expansion of its Emerging Markets Business

NEW YORK, April 12, 2012 /PRNewswire/ -- Cantor Fitzgerald & Co., a leading global financial services firm, announced that Charles Cortellesi and Erich Bauer-Rowe, formerly of Jefferies & Co., have joined as Co-Heads of the Emerging Markets group. The addition of Mr. Cortellesi and Mr. Bauer-Rowe further expands Cantor's capabilities to serve clients globally, offering broader distribution of the firm's full service platform.  They will jointly be responsible for the firm's Emerging Markets business managing the distribution, trading and structuring of fixed income securities from Latin American, Asia and CEEMEA to investors globally.

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Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald & Co. said, "The appointments of Charles and Erich are a key element of the firm's ongoing goal to expand our Emerging Markets business and exemplifies our ability to attract seasoned professionals with unparalleled experience and deep relationships in the marketplace. As we continue to aggressively build our successful business, their experience and extensive knowledge of the characteristics and dynamics of emerging markets, and their strong commitment to serving clients make them an ideal team to head the Group."

"Emerging nations' markets have experienced robust economic returns over the last several years and we believe that Cantor is well positioned for strong growth as we leverage its powerful global capabilities and strong client relationships," said Messrs. Cortellesi and Bauer-Rowe in a joint statement.

Mr. Cortellesi and Mr. Bauer-Rowe were previously Co-Heads of the Emerging Markets Group at Jefferies & Co. where they established the sales and trading operation globally.

Prior to Jefferies & Co., Mr. Cortellesi worked in Emerging Markets sales at Wachovia Securities and ABN AMRO. He received an MBA in Corporate Finance from Columbia University and a BA in Economics from the University of Pennsylvania.

Prior to Jefferies & Co., Mr. Bauer-Rowe served as a senior vice president at Wachovia Securities in the Emerging Markets trading group and as a senior vice president at Lehman Brothers focused on Emerging Markets trading. Mr. Bauer-Rowe has an MBA from The University of Chicago and a BS/MSc from Rensselaer Polytechnic Institute.

About Cantor Fitzgerald
Cantor Fitzgerald, a premier 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 a preeminent capital markets investment bank serving more than 5,000 institutional clients around the world in institutional equity and fixed income sales and trading and  recognized for its strengths 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, emissions trading, 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.

Note to Editors: Cantor Fitzgerald, L.P. is the parent entity of Cantor Fitzgerald & Co.

SOURCE Cantor Fitzgerald & Co.