BTIG Launches Commercial Mortgage-Backed Securities Trading
NEW YORK--(BUSINESS WIRE)--Nov 13, 2018-- announced today that the Fixed Income, Currency and Commodities division has added a Commercial Mortgage-Backed Securities desk led by Weston Friedman. Mr. Friedman will be based in the firm’s New York office and will report into Drew Doscher and Darren Haines, Managing Directors and Co-Heads of Fixed Income Credit at BTIG.
Mr. Friedman joins BTIG as a Managing Director and Head of Commercial Mortgage-Backed Securities (CMBS). “Weston is a key hire as we expand our fixed income business into structured products. His experience on both the buy and sell side establishes a solid foundation for this team as we look to add more industry professionals to the desk,” said Anton LeRoy, Chief Operating Officer of BTIG.
Prior to BTIG, Mr. Friedman was Head of CMBS at Bay Crest Partners. Previously, he held a similar role at RBC Capital Markets. Earlier in his career, he was a member of the CMBS division at Brookfield Investment Management.
“We are pleased to add Weston to the team and confident that he will enrich our business,” commented Mr. Haines. “He is a well-respected industry leader with extensive experience, and we believe that he will generate significant value for our clients.”
BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services. With an extensive global footprint and more than 600 employees, BTIG, LLC and its affiliates operate out of 17 cities throughout the U.S., and in Europe, Asia and Australia. BTIG offers execution, expertise and insights for equities, equity derivatives, ETFs and fixed income, currency and commodities (futures, commodities, foreign exchange, interest rates, credit, and convertible and preferred securities). The firm’s core capabilities include global execution, portfolio, electronic and outsource trading, transition management, investment banking, prime brokerage, capital introduction, corporate access, research and strategy, commission management and more.
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Jill Gordon, 212-279-3115, ext. 226
Amanda Gold, 212-738-6134
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: BTIG, LLC
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PUB: 11/13/2018 08:30 AM/DISC: 11/13/2018 08:30 AM