Jefferies named Peter Santry as a managing director and head of distressed trading in its leveraged finance sales and trading division, the firm announced Monday.

Santry was most recently head of leveraged products with Chapdelaine & Co., where he had put together the high yield, bank loan and distressed trading business. He is a 14-year veteran of Banc of America Securities and also served with Bankers Trust.

Jefferies has been consistently hiring credit market professionals throughout the year. Last month, the firm appointed Erez Biala as a managing director and global co-head of CLO and CDO trading.

The firm’s global leveraged finance sales and trading business has almost 100 professionals. Jefferies’ broader fixed income business now has over 500 professionals globally who are focused on the sales and trading of MBS/ABS, distressed securities. leveraged loans, high yield bonds, investment grade corporate bonds, government and agency securities, repo finance, municipal bonds, whole loans and emerging markets debt.

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