BTIG Boosts High-Yield, Convertibles Team

Aug 23 2011 | 10:24am ET

Alternative investments-focused broker-dealer BTIG has hired five professionals to bolster its fixed-income team.

The New York-based firm said that William Freihofner and Mayank Patel joined its convertibles group and Jeffrey Gould, Kevin McDonald and William Tillinghast its high-yield group.

Freihofner was named director of convertible trading and Patel managing director of convertible sales. The former joins from BCP Securities, where he was a senior trader and vice president, and the latter from Rafferty Holdings, where he headed convertible bond trading.

Gould was named director of high-yield sales. He joins BTIG from The PrinceRidge Group, where he handled fixed-income sales.

McDonald was named vice president of high-yield sales and Tillinghast managing director of the same. The former most recently served in the leveraged finance department of Cohen & Co., and the latter worked at Schultze Asset Management, DebtTraders and SMH Capital.

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