London West End-based agency broker Hoare Capital is expanding its credit, ABS and inflation teams as it gears up into quarter three.

Among those joining is Richard Gathercole, who will head the corporate credit sales team concentrating on high yield and distressed debt. Gathercole has 27 years of experience and joins from the Bank of Scotland where he held a similar capital markets role. 

Sergio Marques joins as a senior credit sales specialist for France and Iberia, after a sales role at Bank of America in London. 

Mark Rogers has joined Hoare Capital as head of ABS sales. He has 23 years of senior sales experience at HVB and UBS prior to his move from Commerzbank. Rogers has hired another senior ABS specialist to work alongside him.

Andrew Sheppard joins as the new head of dealing. Sheppard has 23 years’ experience trading at JP Morgan, WestLB and LBBW. He will be joined by two experienced dealers in investment grade and high ¬yield/distressed arenas.

Joe McGrath, also from Commerzbank, is joining the firm, while Rufus Alcott, ex-Henderson Global Investors dealer and Dresdner salesman, will specialise in UK funds, along with two specialist UK salespeople, to be announced shortly, to work with Gathercole.

Iglika Bostandzhieva, ex-Dresdner, joins to concentrate on emerging market sales.

Rhona Herbert joins from UBS to work with Ike Benson, Ziv Okun and James Riley on inflation swaps.

Hoare Capital’s credit business is headed by ex-JP Morgan and Dresdner salesman Tim Cartmell. The independent company concentrates on investment-grade credit, ABS, high-yield and distressed  bonds as well as emerging market debt.