KGS-Alpha Capital Markets Continues Expansion With Appointment Of Robert Cummings To Co-Head Corporate Credit Business

NEW YORK, July 31, 2013 /PRNewswire/ -- KGS-Alpha Capital Markets, a New York-based institutional fixed income broker-dealer, today announced the expansion of its growing capital markets team with the addition of Robert Cummings as the Co-Head of the Corporate Credit business.  Robert will serve alongside Anthony Coniglione, who joined the firm in 2012, and will be reporting to co-founders Levent Kahraman and Dan Goldman.

"Bobby is a key addition to the KGS-Alpha team. With over 150 employees in 9 offices around the country, we have taken strategic and measured steps to grow our business," said CEO Levent Kahraman. "The challenge that firms our size face is one of creating and maintaining relevance to clients. Bobby has a long history of doing just that. His leadership enhances KGS-Alpha's ability to deliver first-class client service and efficient execution."  

Cummings brings more than 25 years of experience to KGS-Alpha with senior leadership roles as Managing Principal and Co-Founder at StormHarbour Partners and previously at Citigroup, in which he led both the US Investment Grade Credit business and All European Credit Distribution. Cummings will be responsible for increasing the footprint and profile of the business to institutional clients for KGS-Alpha.

KGS-Alpha President Dan Goldman added: "there are a lot of boutique firms today competing to build a presence in capital markets, and our ability to continue to attract top talent demonstrates that our services are resonating with the industry."  He continued, "Bobby brings a diverse background to the group and will be an integral part of reinforcing our commitment to credit and to continue to deliver the quality and level of relevance that our clients have come to expect."

"While many mid-size players in the industry have disappeared or consolidated, KGS-Alpha, with a commitment to client service and a very disciplined approach to strategic growth, is recognized as a significant player in the fixed income space," said Cummings.  "I am thrilled to help lead this growing credit team and look forward to continue building upon the KGS platform."

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 and corporate debt.  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