BTIG Taps Doscher To Spearhead Distressed Debt Expansion

Jan 12 2017 | 11:05pm ET

BTIG has named former Jefferies executive Drew Doscher as a managing director and head of fixed income credit.

In his new role, Doscher will launch BTIG’s distressed debt and trade claim business, and will work to expand the firm’s high-yield and convertible bond capabilities, the company said in a statement. He will be based in New York and report to Anton LeRoy, BTIG’s head of fixed income, currency and commodities.

Doscher comes to BTIG with significant industry experience, particularly focused on illiquid markets across high yield, distressed debt, loans, trade claims and private equities.

Prior to BTIG, he was head of distressed-debt trading at Jefferies. Earlier in his career, Doscher traded distressed debt at Lehman, and later managed the global distressed-debt trading platforms at Barclays and UBS.

“Drew will be instrumental in enhancing our credit offering and increasing our fixed income client coverage. His distressed-debt expertise complements our distressed equity desk, and will further strengthen the foundation our team has built to date,” said LeRoy in the statement.  

BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services for hedge funds, mutual funds, separate accounts and family offices. Core capabilities include global sales, portfolio, electronic and outsource trading, transition management, investment banking, prime brokerage, capital introduction, corporate access, research and strategy, and commission management.

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