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Published on 6/18/2008 in the Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Jesup & Lamont hires Di Russa, Frymer

By Julie A. Miller

Washington, June 18 - Jesup & Lamont Securities Corp. announced that Kevin Di Russa and William Frymer have joined the Wall Street brokerage firm, bringing with them new business lines.

Di Russa will serve as executive managing director of capital markets and Frymer as senior managing director of high-yield securities.

Both come from Sterne Agee and Leach Inc., where Di Russa was managing director and head of fixed income trading and Frymer was managing director and head of corporate bond trading.

"Both Kevin and Bill bring experience and proven track records in building significant business while offering specialized expertise in government, mortgage-backed, high yield and distressed debt markets," James A. Fellus, chief executive officer of Jesup & Lamont, said in a statement.

"Both are key members of our realigned management team, whose mission is to create the premier super-regional boutique investment firm."


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