KGS-Alpha Capital Markets Announces Closure Of Investment Grade Corporate Bond Business
NEW YORK, July 8, 2014 /PRNewswire/ -- KGS-Alpha Capital Markets, L.P. ("KGS") announced today that it is closing its secondary trading of investment grade corporate bonds. KGS is a privately held broker-dealer that launched its business in 2010. It has grown in that time to provide an array of investment services and products to over 1,000 institutional clients. KGS will continue to focus on businesses where it has the ability to originate and structure unique products that can be distributed through its extensive distribution channels.
"From the outset, KGS's mission statement is to deliver value-added services and products to our clients while providing investors in KGS with above average return on their equity. Today's announcement is a reflection of our commitment to these dual goals," said Levent Kahraman, CEO of KGS-Alpha. "In our four year history, KGS has become the boutique of choice for many institutional clients in MBS and structured products, and has produced strong profitability, including a record first half for 2014."
Currently, KGS is expanding the breadth and scope of its business offerings to include an investment banking advisory platform, entry into commercial real estate lending, and whole loan trading.
"There is a common theme to these offerings. As the fixed income landscape evolves, it is critical for us to originate and structure products for our clients," said Dan Goldman, President and Co-Founder of KGS-Alpha. "Our new initiatives respond to our clients' needs for primary issuance of high quality assets."
About KGS-Alpha Capital Markets, L.P.
KGS-Alpha Capital Markets is a New York-based institutional fixed income broker-dealer, focusing on mortgage-backed, asset-backed, and agency debt securities. Launched in 2010, KGS-Alpha now has a team of more than 150 professionals located in New York, Boston, San Francisco, Boca Raton, Chicago, Reston, Memphis, Phoenix and St. Louis.
SOURCE KGS-Alpha Capital Markets, L.P.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article