Miller Tabak Roberts hires Bill Murphy to head new distressed equity trading group

By Caroline Salls

Pittsburgh, March 22 - Miller Tabak Roberts Securities, LLC hired Bill Murphy as director of institutional equity sales and trading and Anthony Mazzurco as vice president of institutional equity sales and trading, according to a company news release.

Murphy will head the equity capital markets group and will be responsible for the firm's expansion in the trading of distressed and reorganized equity securities, and with his hiring, Miller Tabak Roberts will begin trading distressed equity securities through the new group.

Both Murphy and Mazzurco will be based at the fixed-income firm's New York headquarters.

"Having focused over the past few years on driving the growth of the high-yield distressed and illiquid debt issues, we are now devoting greater attention to expanding MTR's equity sales and trading effort," managing director Adam Margulies said in the release.

Before joining MTR, Murphy worked for Guggenheim Capital Markets as the head of the U.S. equity trading desk.

Mazzurco joins Miller Tabak Roberts from Bear Stearns, where he was a vice president, making markets in Pink Sheets and Bulletin Board stocks.

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