CastleOak expands municipal, fixed-income divisions with three hires

By Tali David

Minneapolis, July 31 - CastleOak Securities, LP announced the continued expansion of its municipal finance and fixed-income sales divisions, according to a press release.

Manuel Angeles joins CastleOak as co-head of municipal finance, Susan Schiefelbein joins as managing director focused on fixed-income sales and Margaret Ullman joins as a director in fixed-income sales.

"We are extremely pleased to have these talented professionals join our team. Their experience, network of industry relationships and dedication providing exceptional client service not only add to our strength in servicing our clients needs but also supports our aggressive growth in municipal finance and fixed income," CastleOak president and chief executive officer David R. Jones said in the release.

Angeles most recently served as a director at Raymond James & Associates, where he led the firm's investment banking coverage for large municipal issuers in New York, Connecticut and the District of Columbia. Previously, he was a director at Depfa First Albany Securities, where he managed client relationships and new business development.

Schiefelbein was most recently a vice president focused on institutional fixed-income sales at Bank of America Merrill Lynch. Earlier, she worked in institutional fixed-income sales at Liberty Capital and in retail equity sales at Dean Witter Reynolds.

Ullman was previously a director of credit sales at Aladdin Capital Management, where she focused on high-yield, domestic and Canadian accounts. Prior to that, she held a number of positions at Credit Suisse and was most recently a director of fixed-income securities.

CastleOak is an investment bank based in New York.

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