Knight Libertas chooses Al Lhota to lead high-yield, distressed sales

By Devika Patel

Knoxville, Tenn., July 20 - Knight Libertas LLC said it has hired Al Lhota as a managing director and head of U.S. high-yield, distressed and bank loan sales. He will be responsible for leading sales to institutional firms.

Lhota has more than 20 years experience in fixed-income sales. He reports directly to Knight Capital Group's executive vice president and head of global institutional fixed income Gary Katcher.

Lhota joined Knight Libertas in June from RBS Greenwich Capital Markets where he led the high-yield team. Prior to that, Al worked at UBS in high-yield sales in the United States and United Kingdom where he led the high-yield team in London and worked to integrate the bond and loan teams. Following an earlier period at UBS in high-yield sales, he and a group of partners formed Libra Investments, which was eventually sold to US Bancorp. He began his career at Scotiabank in sales of investment-grade and high-yield bonds.

"Al Lhota's expertise and reputation within the fixed income industry are unsurpassed," Katcher said in a press release. "He is a consummate professional with strong client focus as a salesman, team leader and strategic decision-maker. We are fortunate to have him join us at Knight Libertas."

Lhota is based in the fixed income broker-dealer's Greenwich headquarters. He attended Worcester Polytechnic University, where he studied mechanical and civil engineering.

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