NEW YORK, April 16, 2014 /PRNewswire/ -- Cantor Fitzgerald & Co., a leading global services financial firm, today announced the appointment of Hardy Manges, a seasoned municipal markets professional, as Managing Director and Co-Head of Municipal Debt Capital Markets. Mr. Manges will oversee municipal trading and competitive underwriting alongside Co-Head Jim Dolan.
"We are delighted to welcome Hardy to the Cantor team, and I am confident that his deep market knowledge and extensive track record add great value as we continue to strengthen and grow our municipal business," said Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald & Co. "The expansion of our municipal sales and trading business has been a key focus for us, particularly in competitive underwriting. The addition of Hardy to our team underscores our ongoing commitment to expand our client offering and leverage our global distribution platform."
Mr. Manges recently served as Executive Director of Municipal Sales and Trading at Mitsubishi UFJ Securities, where he oversaw the secondary municipal trading desk. Earlier, he was Managing Director and Head of Private Wealth Management Fixed Income at Deutsche Bank, responsible for all municipal trading. Mr. Manges holds a B.A. in Economics from Denison University and an M.B.A. in Finance from Loyola University Maryland.
About Cantor Fitzgerald Cantor Fitzgerald, a leading global financial services group 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 7,000 institutional clients around the world, recognized for its strengths in fixed income and equity capital markets, investment banking, prime brokerage, and commercial real estate financing and for its global distribution platform. Cantor Fitzgerald & Co. is one of 22 primary dealers authorized to trade U.S. government securities with The Federal Reserve Bank of New York. Cantor Fitzgerald's 1,600 employees serve clients through over 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.