BTIG establishes Fixed Income Credit division to service EMEA
BTIG Limited (BTIG) has created a Fixed income Credit division in London to service clients across EMEA.
The team comprises sales and trading professionals and mirrors BTIG’s rapidly-expanding fixed income credit business unit in the US market. The European Fixed Income Credit team will be tasked with broadening BTIG’s credit capabilities across the continent.
The team will be led by Michael Carley, Sr, Managing Director and Head of European Fixed Income Credit. Carley joined BTIG in 2018 as Managing Director within the Fixed Income Credit in New York.
Bobby Dziedziech, CFA, Director and Senior High-Yield and Distressed Trader, Laurent Jastrow, Director and Senior Distressed Sales Trader and Sourcing Specialist, Noah Postyn, Director and Senior High-Yield Sales Trader, and Amreetpal Summan, Director and Senior Financials Trader also joined BTIG in London to bolster the firm’s ability to navigate the credit marketplace.
Dziedziech, CFA joins BTIG from Jefferies, where he was Head of European High-Yield and Distressed Trading in London.
Jastrow joins BTIG from Blantyre Capital, where he focused on special situations and distressed debt. Previously, he held sales roles at SC Lowy and Yorvik Partners.
Summan joins BTIG from Goldenberg Hehmeyer, where he ran a Credit Opportunities proprietary trading book and oversaw the Fixed Income ETF Market Making desk. Previously, he held Senior Credit Trader roles at BNP Paribas, Credit Agricole and RBS, specialising in subordinated financials and distressed debt.
“We are excited to have hired several senior Fixed Income Credit sales and trading professionals in London, where we have already experienced significant traction for our fixed income credit products here,” says Carley, Sr. “Building out the team in the region is important to our growth strategy as we seamlessly execute high yield, distressed debt, loans, bonds and trade claims for institutional investor clients. We are thrilled with the quality of the team we have recruited so far and expect a number of significant additions to our unit in the coming months.”
“We are committed to substantially and strategically growing our offering across EMEA. Expanding our best-in-class, multi-asset agency execution platform is an important milestone for us in our quest to provide quality liquidity solutions for our global customer base,” comments Christopher Rollins, Chief Executive Officer of BTIG. “Building upon the success of our US offering, we have now added a talented team of Fixed Income Credit professionals in London to join our established Institutional Equities team. We are excited to welcome them here and look forward to all of their future contributions.”