BTIG has added Jack McCourt and Kenneth Smalley to the firm’s Fixed Income Credit team where they will focus on high-yield sales and strategy.
McCourt joins BTIG as a Managing Director within High-Yield Sales in Los Angeles, while Smalley joins as a Managing Director and High-Yield Strategist in New York.
As high-yield specialists, they will effectively strengthen the Fixed Income Credit team and diversify its capabilities. McCourt and Smalley will report into Drew Doscher and Darren Haines, Managing Directors and Co-Heads of Fixed Income Credit at BTIG.
“Jack and Kenneth are the ideal complement to our team,” says Anton LeRoy, Chief Operating Officer of BTIG. “With their professional expertise, we are confident that they will make a positive and immediate impact on our ability to deliver impressive results for high-yield clients.”
McCourt has nearly 25 years of industry experience. Prior to BTIG, he was a Managing Director within the Fixed Income division at KeyBanc Capital Markets. McCourt held similar roles as a Managing Director within Fixed Income at RBC Capital Markets, Jefferies and Barclays.
Smalley has more than 30 years of industry experience. Prior to BTIG, he was a High-Yield and Distressed-Debt Analyst at Seaport Global, where he also served as a generalist with a focus on the TMT, healthcare and gaming sectors. Previously, Smalley was a Portfolio Manager at The Dreyfus Corporation and Alliance Capital. He was a High-Yield Trader at PaineWebber, Nomura and NatWest Securities. Smalley began his career as an Analyst at General Electric.
“We are thrilled to add two veteran industry professionals,” noted Doscher. “Enhancing our team with a dedicated high-yield strategist, and our first fixed income credit hire in Los Angeles will help us further expand our West Coast presence, and provide additional value to clients.”
