BTIG taps Doscher to head new distressed debt, trade claim business

By Susanna Moon

Chicago, Jan. 12 – BTIG, LLC has hired Drew Doscher as a managing director and head of fixed income credit in New York to launch the firm’s distressed debt and trade claim business, as part of its high-yield and convertible bonds expansion.

Doscher will report to Anton LeRoy, managing director and head of fixed income, currency and commodities at BTIG, according to a company announcement.

Doscher has spent his career focused on illiquid markets across high yield, distressed debt, loans, trade claims and private equities, the release said. Before joining BTIG, he was head of distressed debt trading at Jefferies. Earlier in his career, Doscher traded distressed debt at Lehman and later managed the global distressed-debt trading platforms at Barclays and UBS.

“Drew will be instrumental in enhancing our credit offering and increasing our fixed income client coverage,” LeRoy said in the release.

“His distressed-debt expertise complements our distressed equity desk, and will further strengthen the foundation our team has built to date.”

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

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