Cantor Fitzgerald adds seven to high-yield, investment-grade teams

By Tali David

Minneapolis, May 8 - Cantor Fitzgerald & Co. announced the expansion of its credit fixed-income team with appointments of several professionals, who are all joining from Gleacher & Co., according to a press release.

The new members of the high-yield team include:

• Riaz Haidri, head of high yield, covers high yield, distressed and bank loans. Previously, he was a managing director and co-head of high-yield trading at Gleacher. Before, Haidri was a managing director at BNY Capital Markets and worked in the high-yield group at NatWest Securities;

• Greg Sullivan will focus on leveraged finance sales. Most recently, he was a managing director and head of high yield at Gleacher. Earlier, he held senior-level positions at Raymond James and Bank of New York;

• Jim Gorman will focus on leveraged finance sales. Previously he was a managing director at Gleacher, covering high yield and distressed sales for institutional clients and has held senior positions at Miller Tabek Roberts Securities, LLC, Barclays and Salomon Brothers;

• Jeff Warren will also focus on leveraged finance sales for the high-yield group. Most recently, he was a managing director in the credit products division at Gleacher and has held senior sales positions at Goldman Sachs & Co. and J.P. Morgan Securities LLC; and

• Todd Sycoff will focus on high-yield trading. Sycoff previously was a managing director at Gleacher, specializing in all aspects of trading high-yield securities. Before that, he held senior positions at BTIG, Bear Stearns Asset Management and Merrill Lynch.

Investment grade

The new members of the investment-grade team include:

• Jeff Gibbons will manage investment-grade sales at Cantor. He previously was a managing director and co-head of investment-grade credit at Gleacher. Earlier, he was the head of investment-grade sales at Citadel Securities and managed investment-grade sales at Citigroup; and

• Marina Desyak will focus on credit sales. Most recently, Desyak was responsible for credit sales at Gleacher and has been a director at TD Securities.

The team will report to Adam Vengrow and David Pichler, co-heads of the credit fixed-income group, and is based in New York.

Cantor Fitzgerald is a New York-based financial services firm.

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