Ex Citigroup Employees Launch StormHarbour

Former Citigroup senior executives Antonio Cacorino and Frederick Chapey have launched StormHarbour Partners, an independent global-markets firm focusing on capital markets and fixed-income activities through subsidiaries. 
 
The leadership team of Cacorino and Chapey includes two more managing principals: Robert Cummings, former managing director and head of Citigroup’s European credit products distribution, and Sohail Khan, former managing director of Citigroup’s legacy asset remediation efforts.
 
StormHarbour currently has offices in New York and London, with plans to expand into Switzerland and Asia. The firm’s services will span fixed-income multiple asset classes — including the full range of credit, emerging markets, securitized product, convertible and alternative asset securities — analyzing, structuring, distributing and originating fixed-income securities for its pension fund, hedge fund, endowment, insurance, banking and corporate clientele.
 
“StormHarbour was created to fill a need for an experienced international fixed income firm free of conflicts in today’s evolving financial services arena,” Chapey said. “With offices in strategic financial centers, StormHarbour will provide worldwide coverage and efficient execution across the fixed income asset class. We intend to add professionals who share our global expertise and our commitment to integrity and trust.”
 
StormHarbour’s senior executives include Terry Keeley, former COO of Novator Partners; Cyril Martinez, former managing director of Citigroup’s leveraged finance sales team; Chris O’Connor, former senior managing director of global debt syndication and debt capital markets at Bear Stearns; John Stomber, former CEO of Carlyle Capital Corp.; and Michael Sussman, former managing director and head of markets legal of Citigroup.