BTIG Expands Fixed Income Credit Team with New Hires in High-Yield Sales and Strategy

BTIG, LLC announced today that Jack McCourt and Kenneth Smalley, CFA, have joined the company within the Fixed Income Credit team, focused on high-yield sales and strategy. Mr. McCourt joins BTIG as a Managing Director within High-Yield Sales in Los Angeles, while Mr. 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. Mr. McCourt and Mr. 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,” said 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.”

Mr. 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. Mr. McCourt held similar roles as a Managing Director within Fixed Income at RBC Capital Markets, Jefferies and Barclays.

Mr. 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, Mr. Smalley was a Portfolio Manager at The Dreyfus Corporation and Alliance Capital. He was a High-Yield Trader at PaineWebber, Nomura and NatWest Securities. Mr. Smalley began his career as an Analyst at General Electric.

“We are thrilled to add two veteran industry professionals,” noted Mr. 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.”

About BTIG

BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services. With an extensive global footprint and more than 560 employees, BTIG, LLC and its affiliates operate out of 17 cities throughout the U.S., and in Europe, Asia and Australia. BTIG offers execution, expertise and insights for equities, equity derivatives, ETFs and fixed income, currency and commodities (futures, commodities, foreign exchange, interest rates, credit, and convertible and preferred securities). The firm’s core capabilities include global execution, portfolio, electronic and outsource trading, transition management, investment banking, prime brokerage, capital introduction, corporate access, research and strategy, commission management and more.

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