Penserra Hires Corporate Bond Team
Continues Expansion of Fixed Income Capital Markets
NEW YORK, May 9, 2012 /PRNewswire/ -- Penserra Securities LLC, a U.S. based financial services firm that specializes in global institutional trading and related brokerage services, today announced that it is bolstering its fixed income capital markets presence and capabilities with the hire of a corporate bond team led by Donald Chisholm and Robert Wade.
"Penserra has continued to see opportunities for growth in the fixed income capital markets. Over the past year our primary business focus has been to assemble a highly experienced team covering all the major fixed income sectors," said George Madrigal, Managing Partner of Penserra Securities. "The firm is pleased to welcome this extremely reputable corporate bond team to help our clients with their wide range of tactical and strategic fixed income investment objectives. They truly are leaders in the industry and a valuable intellectual asset to our customers."
Donald Chisholm joins Penserra as Co-Head of Debt Capital Markets, where he will spearhead the continued expansion of the fixed income business including strategic planning, product development, trading, and investment banking. Robert Wade, also named Co-Head, will lead the trading team responsible for distressed, high yield, and investment grade debt. Joshua Deitch, Managing Director, will lead the fixed income credit sales team. Arnold Palatnek will be a senior bond trader focused on investment grade debt. S. Francisco Ghiglino is a highly seasoned desk analyst providing fundamental and relative value analysis in credit. Fred Schrodt was named Senior Vice President in fixed income sales. The entire team has a long history of working together in senior positions at VCG Securities, Cantor Fitzgerald and Raymond James.
"Strategically, I believe Penserra is a perfect fit. With their global equity presence, strong Pension fund relationships and solid existing MBS platform, we are able to seamlessly integrate Credit Trading to round out all asset classes" said Donald Chisholm.
Penserra will continue to expand its trading and sales platforms for both equity and fixed income. Having established strong global equity trading capabilities over the past few years, Penserra is now aggressively pushing into the many facets of fixed income capital markets. In 2011, the firm hired an experienced mortgaged backed and agency debt team led by Anthony Guaimano, previously with Stone & Youngberg.
"Given the sophistication of our institutional customer base our focus is to help our clients best execute their goals and investment needs as complex as they might be," Madrigal said. "Penserra will continue to hire experienced professionals who bolster the firm's intellectual capital needed to serve our growing number of clients."
About Penserra Securities LLC
Penserra Securities provides institutional investors with global equity and fixed income execution services as well as advice on many other aspects of the investment process. The firm is also a certified Minority Business Enterprise (MBE). Founded in early 2007, Penserra is dedicated to deploying the most advanced trading technology while offering clients complete flexibility. The firm is committed to helping design custom solutions for its customers execution needs across equity and debt capital markets. Penserra also offers corporate buy-back services, desktop analytics, and transition management. Advisory and fiduciary services are offered through Penserra Capital Management LLC, a Registered Investment Advisor and affiliate of Penserra Securities LLC. For more information about Penserra and its services please visit www.penserra.com.
Contact:
George Madrigal
Penserra Securities
888.925.8008
SOURCE Penserra Securities LLC
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