NEW YORK--(BUSINESS WIRE)--Ticonderoga Securities LLC (Ticonderoga), an institutional broker dealer, today announced the expansion of its platform with the addition of a Global Fixed Income Group. To lead the effort, the firm has hired industry veterans Martin O. Teevan, Jr. and Alan Alsheimer, Jr. as Global Head of Fixed Income and Head of U.S. Fixed Income, respectively.
“We have successfully built out the Ticonderoga equity and equity research platform over the last two years and feel strongly that we can translate the client relationships and value-added approach of our equity business to the Fixed Income market place,” said Shawn McLoughlin, CEO and Co-Founder of Ticonderoga. “I am very pleased to welcome Marty and Alan to the firm. They are both highly respected and have been very successful building out and leading businesses within Fixed Income.”
Mr. Teevan joins Ticonderoga from Cantor Fitzgerald, where he was most recently Senior Managing Director and Global Head of Credit. He spearheaded Cantor’s considerable build-out across the U.S. and European Leveraged Finance and Investment Grade Credit Sales, Trading & Research. His twenty-year career on Wall Street includes senior trading and leadership positions at Goldman Sachs and UBS.
Mr. Alsheimer joins from Goldman Sachs, where he built the leading loan credit derivatives platform after joining in 2006. Over the past four years Mr. Alsheimer has been recognized as the industry’s top LCDX trader in institutional client surveys. He was previously at RBS Greenwich Capital and was a key to the launch of its North American Credit Trading business. Mr. Alsheimer previously spent five years at Lehman Brothers in both their interest rate and credit trading areas.
“Shawn and Joel each have proven track records over the course of their careers of building and leading successful businesses and firms and they have a very unique vision for the firm. We believe that there is a real opportunity for Ticonderoga to capitalize upon the dislocation of personnel and market opportunities driven by the changes forced upon the major banks by recent legislation,” said Teevan and Alsheimer in a joint statement.
About Ticonderoga Securities
In May 2009, Ticonderoga Securities LLC acquired Reynders, Gray & Co. Inc. a respected firm with more than 30-years experience and an enviable track record. The firm concentrates on domestic and international equities and focuses on high quality, conflict free order execution, as well as a differentiated research offering to support its first class execution capabilities.