Cantor Fitzgerald has made key appointments for its high yield, investment grade and research groups as part of the build out of its global credit fixed-income platform and capabilities.
These hiring additions, who will report to co-heads of the credit fixed-income department Adam Vengrow and David Pichler, bring the number of new hires in Cantor's credit fixed-income group to more than 50 since January 2010.
"Cantor continues to attract talented professionals who share our unwavering commitment to excellence in serving our clients' needs," said Shawn Matthews, Cantor Fitzgerald & Co. CEO. "These appointments are representative of our ongoing goal to broaden the scope and depth of the firm's sales force and client relationships. The addition of these talented and highly skilled professionals adds to our team's market knowledge and insight as we continue building a successful and competitive global credit fixed income business."
The following are the new members of the firm's team:
Jack Oestreicher, who joins Cantor as a managing director in high yield and distressed, was a managing director for distressed sales and trading covering distressed hedge funds focused on distressed securities at Royal Bank of Scotland. Before that, he was also managing director in high yield and distressed sales and trading at Bear Stearns where his primary coverage of hedge funds focused on bank debt. Earlier in his career, he served with The Delaware Bay Co. in distressed sales, trading and sourcing.
Rob Barrett joins as a managing director in trading and sales at the firm. He was most recently a managing director in high yield sales and trading at BNP Paribas. Earlier, he had an over 20-year stint at JPMorgan in corporate bond trading.
Scott Sodokoff joins Cantor as a managing director on the credit trading team responsible for energy, utility, project finance, aircraft and military housing trading. He was managing director, desk head and trader at Piper Jaffray's institutional taxable Fixed-income services group with a trading focus in secured aircraft, project finance, military housing, infrastructure finance, and credit. Before that, he was at Bear Stearns, as a managing director where his team initiated a new business line including private placements and special situations. Sodokoff previously worked at UBS Investment Bank and Prudential Securities.
Jim McHugh, a managing director in investment grade sales, joins Cantor from MF Global. Previously, he worked as a managing director and head of U.S. credit sales at RBC Capital.
Bill Dial joins as a managing director in investment grade credit products. He was formerly a managing director at Knight Capital where he primarily traded chemicals, metals and mining, autos, builders and REITs. Earlier, he served as a managing director at Barclays Capital where he oversaw its cash and CDs group focusing on industrials and autos. Dial was also previously a managing director at Deutsche Bank in credit trading.
Elie Radinsky joins Cantor as a managing director covering high yield, distressed and bank loan credits focusing on the healthcare, retail and special situations sectors. Most recently, Radinsky headed the high yield research groups at BTIG and Chapdelaine Credit Partners. Previously, he was a partner at Brigade Capital Management and a director at Citigroup.
Grenville Day joins as a managing director covering high yield, distressed and bank loans. Most recently, he was distressed and special situations analyst at Citadel Securities where his primary responsibilities included reviewing investing opportunities in bonds and loans and revising investment opportunities. Previously, was a distressed and special situations analyst at Chapdelaine Credit Partners and BNP Paribas Securities Corp. and as an associate at Skadden, Arps, Slate, Meagher & Flomand at the Superior Court of Delaware.