Cantor Fitzgerald and Piper Jaffray & Co. have expanded their debt capital markets groups with several hires. Lee Hetfield and Jason Kopcak have joined Cantor as co-heads of its whole loan sales and trading division, while Piper Jaffray has hired David Wirdnam as a debt advisor and Matt Traina as head of the firms coverage of west coast financial sponsors.
Prior to joining Cantor, Hetfield was a portfolio manager and before that, he sat on the investment committee of an alternative investment firm based in New York with $900 million in assets under management. He was also high yield bond trader for more than nine years.
Kopcak was formerly head of whole loan trading for a principal investment fund. Prior to that, he developed coverage of the bank market for residential and commercial distressed debt opportunities for a real estate investment banking firm.
Wirdnam joins Piper Jaffray from Citigroup, where he was a managing director in the leveraged finance group. There he led corporate financings for a variety of transactions, including acquisitions, leveraged buyouts, recapitalizations and distressed financings. He will be based in New York.
Traina was most recently a senior member of the financial sponsors group at Banc of America Securities. He will be based in San Francisco.
