BTIG hires Kallenberg to direct Los Angeles convertible security desk

By Toni Weeks

San Diego, Jan. 4 - BTIG, LLC announced another expansion to its fixed income group with the hiring of David Kallenberg as a managing director for its new convertible securities desk in Los Angeles, according to a press release.

Kallenberg joins BTIG from KKS Securities, a convertible securities boutique he co-founded in 2009 that was purchased by Sterne Agee in 2010.

Prior to KKS Securities, Kallenberg held a variety of U.S.-focused convertible securities roles at Thomas Weisel Partners, Amaranth Advisors and William Blair, where he built the convertible securities desk and was head of trading and risk management.

BTIG's convertible securities desk, led by Robert Langer, head of high yield and convertible sales and trading, was launched in October 2009 to complement the firm's equities, fixed income and prime brokerage offerings.

"David brings a mix of extensive convertibles experience and deep institutional relationships that can be leveraged across the entire firm," said Langer.

"With the addition of David, BTIG now has convertible sales coverage in Los Angeles, San Francisco and New York, as we look to continue to provide our clients with high-touch local service."

BTIG is a New York-based institutional brokerage and fund services company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.