KGS-Alpha Capital Markets added three new regional sales offices in Fort Lauderdale, Florida; Reston, Virginia and Chicago, Illinois.
Adding to its team of 40 professionals, the firm hired Brian Bowes recently to head non-agency mortgage trading and Lenny Blasucci to trade CMBS and ABS.
Both new hires bring 20 years' expertise in mortgage trading and will report directly to CEO Levent Kahraman.
"KGS-Alpha is well positioned to provide outstanding market-making and structuring capabilities to our institutional clients, and there is much interest in the firm," Kahraman said.
To accommodate its current and future growth, KGS-Alpha Capital Markets is also establishing new headquarters at 850 Third Avenue in New York City.