Penserra Securities, a US-based equities and fixed income broker, is building its fixed income capital markets presence with the hire of a corporate bond team led by Donald Chisholm and Robert Wade.
Chisholm joins Penserra as co-head of debt capital markets, where he will be tasked with expanding the firm's fixed income business including strategic planning, product development, trading and investment banking. Robert Wade, also named co-head, will lead the trading team responsible for distressed, high yield and investment grade debt.
Joshua Deitch, managing director, will lead the fixed income credit sales team, while Arnold Palatnek will be a senior bond trader focused on investment grade debt. S. Francisco Ghiglino, will join Penserra as a desk analyst providing fundamental and relative value analysis in credit and Fred Schrodt was named senior vice president in fixed income sales. The entire team has a long history of working together in senior positions at VCG Securities, Cantor Fitzgerald and Raymond James.
“Penserra has continued to see opportunities for growth in the fixed income capital markets,” said George Madrigal, managing partner of Penserra Securities. “Over the past year our primary business focus has been to assemble a highly experienced team covering all the major fixed income sectors.”