FBR Capital adds Mark Koontz to credit sales and trading group

By Toni Weeks

San Diego, May 2 - FBR Capital Markets Corp. announced that Mark Koontz has joined the firm as a managing director in credit sales. He will be based in the Arlington, Va., office and joins a team of 16 in the credit sales and trading group, which was launched in 2009.

After graduating from the University of Virginia with an undergraduate degree in commerce, Koontz joined Goldman Sachs in the high-yield capital markets group, then moved on to leveraged finance sales, where he emerged as a top performer among the 22-person sales team.

High yield is a critical focus area for FBR, commented Michael Lloyd, senior managing director and head of credit, convertibles and option, in a press release.

"Our team has already distinguished itself in a short time, with significant client reach in our sales and trading business and good momentum in our capital-raising activities," Lloyd said.

"We are confident that Mark's presence on the sales team will give us the additional market expertise, client access and innovative value-added perspective for our clients."

FBR is based in Arlington, Va., and offers investment banking, merger and acquisition, institutional brokerage and research services.

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