BTIG Continues To Expand Fixed Income Sales Team – Alexander Piper and James Zurovchak Further Build Out High Yield and RMBS Expertise
New York – March 3, 2010 – BTIG LLC, a broker dealer specializing in institutional trading and related brokerage services, today announced that it has hired Alexander Piper and James Zurovchak as it continues to expand its Fixed Income Group. Piper joins BTIG’s High Yield team and Zurovchak joins the RMBS sales team.
“We continue to build our global franchise with professionals who have deep product knowledge and experience through all market cycles,” said John Purcell, Co-Head of Fixed Income at BTIG “Alexander will bring more depth to our high yield and distressed effort across both loans and bonds, and will add to our distribution for new issue product as we expand our capital markets capabilities. James brings a wealth of experience, particularly in agency CMO trading, which will continue to be a critical area for residential mortgage financing as other sources remain constrained.”
Piper joins BTIG as a Director in the Fixed Income High Yield Sales team. Prior to BTIG, he was with Imperial Capital, where he spent five years in high yield, bank debt and equity sales, and Jefferies, where he handled bonds direct. Piper has a Bachelor of Arts in Political Science from Villanova and an MBA in Management and Finance from Fordham.
Zurovchak joins BTIG as a Director in RMBS Sales and will also be trading Agency CMOs. He comes to BTIG from Source Capital Group, Inc., a NY-based RMBS boutique broker dealer, where he focused on RMBS sales. Prior to joining Source Capital, Zurovchak held various sales and trading roles at Federal Home Loan Bank of Chicago, Nomura and Kidder Peabody. He also spent several years as a research analyst developing RMBS/CMO/ portfolio management models for JP Morgan and MetLife.
BTIG’s Fixed Income Group was launched in early 2009. The group focuses on sales and trading of credit products, which cover the full credit spectrum from investment grade to distressed debt.
About BTIG
BTIG LLC is a premier institutional brokerage and fund services company. Founded in 2002, BTIG, including through its affiliates, employs over 375 professionals around the world. BTIG serves customers from all over the world and offers services from five divisions: Equity Trading, Fixed Income, Prime Brokerage, Outsource Trading and Direct Market Access. BTIG has offices in New York, San Francisco, Dallas, Boston, Chicago, Los Angeles, Greenwich, Red Bank, Aspen and Orinda. The firm also has affiliates in London, Hong Kong, Singapore and Sydney.
BTIG LLC is a member of FINRA and SIPC
BTIG Australia Limited ACN 128 554 601 is a member of ASIC and ASX
BTIG Hong Kong Limited, Exchange Participant of SEHK, licensed and regulated by the SFC
BTIG Ltd is a member of the LSE and is authorized and regulated by the FSA
BTIG Singapore Pte Ltd is registered and licensed with MAS
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