Imperial Capital, LLC Announces the Formation of Its High Grade/Hybrid Sales & Trading Group and the Hiring of Nine Professionals


LOS ANGELES, CA--(Marketwire - March 7, 2011) - Imperial Capital, LLC announced today that it has formed a High Grade/Hybrid Sales & Trading Group and recently hired nine professionals to populate the group. Tom Corcoran was hired as Managing Director and Group Head and Ted Anibal was hired as Managing Director and Head of the High Grade/Hybrid Sales Team. Both Mr. Corcoran and Mr. Anibal have over 25 years of fixed income experience having spent the bulk of their careers at Lehman Brothers and Citigroup Global Markets (formerly Salomon Smith Barney) respectively. Mr. Corcoran and Mr. Anibal will be responsible for expanding Imperial's existing fixed income sales and trading efforts further into investment grade and hybrid products. 

Along with these two senior hires, Imperial has hired seven other investment grade professionals who will immediately join the High Grade/Hybrid Sales & Trading Group significantly adding sales and trading expertise to its fixed income platform: John C. Greco, Managing Director and Senior Trader, Cynthia Harlow, Managing Director, Desk Analysis, Wendy Cassing Wetstone, Managing Director and Senior Trader, John Wambold, Managing Director and Senior Sales Professional, Amy Hazelton, Senior Vice President, Buchanan Lilley, Vice President and Trader, and Tom Nolan, Trading Assistant. Imperial expects to announce a number of additional hires in the near future.

"We were looking for veteran established investment grade sales and trading professionals to round out our fixed income platform," said Jason Reese, CEO & Chairman. "The team brings to Imperial extensive investment grade experience and an established track record trading high grade and hybrid product. Combining this team's product expertise with Imperial's existing fixed income platform will allow us to further demonstrate our commitment to analyze and trade the entire corporate capital structure and will expand our product offerings to our institutional clients."

Mr. Tom Corcoran joins Imperial Capital as a Managing Director and Head of the High Grade/Hybrid Sales & Trading Group. Mr. Corcoran has approximately 25 years in the securities industry, 22 of which he was with Lehman Brothers Inc. At Lehman Brothers, Mr. Corcoran was a Managing Director running their investment grade business. Most recently, Mr. Corcoran was a Managing Director in the Fixed Income Group at CF Global Trading, LLC. Mr. Corcoran earned a Bachelor of Arts from Harvard University.

Mr. Ted Anibal joins Imperial Capital as a Managing Director and Manager of High Grade/Hybrid Sales. With approximately 25 years of fixed income experience, Mr. Anibal worked as a Managing Director in Credit Sales for Citigroup Global Markets (former Salomon Smith Barney) for over 20 years. Mr. Anibal joins Imperial from CF Global Trading, LLC where he was a Managing Director in the Fixed Income Group. Mr. Anibal earned a Bachelor of Arts from Drexel University.

Mr. J. C. Greco joins Imperial Capital as a Managing Director and Senior Trader to contribute to the High Grade/Hybrid Trading effort. Prior to Imperial Capital, Mr. Greco was a Senior Trader with CF Global Trading LLC. Mr. Greco brings over 15 years of experience in High Grade Trading with his work as an Executive Director at UBS Securities, a Director at Merrill Lynch and a Director with Credit Suisse First Boston. Mr. Greco earned a Bachelor of Arts Degree from the University of Pennsylvania.

Ms. Cynthia Harlow joins Imperial Capital as Managing Director and Senior Desk Analyst. With over 20 years of bank credit and equity research experience, Ms. Harlow has extensive experience in analyzing bank capital structures and generating buy and sell opportunities, particularly in hybrids and corporate bonds. Ms. Harlow spent most of her career in the securities industry at Lehman Brothers Holdings Inc. and Citigroup Global Markets, as a Senior Vice President/US and Yankee banks analyst, Corporate Bonds (Lehman); and as both a senior sell side US Banks and Brokers analyst, then MD/Head of Corporate Bond Research -- Publishing Group (Citi). Most recently, Ms. Harlow was a Capital Structure Analyst, Global Financials with CF Global Trading LLC. Ms. Harlow began her securities career as a Director/Senior Analyst in Equity Research at Credit Suisse First Boston. Ms. Harlow earned a Bachelor of Science from Georgetown University.

Ms. Wendy Cassing Wetstone joins Imperial Capital as a Managing Director and Senior Trader in the High Grade/Hybrid Sales & Trading Group. Most recently, Ms. Cassing Wetstone was a Sales Trader with CF Global Trading LLC. Ms. Cassing Wetstone spent the bulk of her career with Citigroup Global Markets as a Director for 13 years. At Citi, Ms. Cassing Wetstone worked in the Investment Grade Corporate Bond & CDS Trading Group. With over 21 years of High Grade Trading, Ms. Cassing Wetstone began her career in London as a Trader with Natwest Capital Markets and then Painewebber.

Mr. John Wambold joins Imperial Capital as a Managing Director in High Grade/Hybrid Sales. Mr. Wambold has over 28 years of experience in the securities industry with the bulk of his career as a Managing Director, Global Markets at Citigroup (former Salomon Smith Barney). At Citi, Mr. Wambold managed the sovereign debt trading business for North America. Most recently, Mr. Wambold was a Head Rates Trader, Credit Sales with CF Global Trading LLC. Mr. Wambold also was President of Arbutus Capital Management which was purchased by Societe Generale where he was a Managing Director, Interest Rate Proprietary Trading. Mr. Wambold earned a Bachelor of Science from Drexel University.

Ms. Amy Hazelton joins Imperial Capital as a Senior Vice President specifically focused on providing High Grade/Hybrid product intelligence while supporting the efforts of marketing the group's capabilities. A significant portion of Ms. Hazelton's industry experience was with Lehman Brothers Inc. where she was for 9 years, most recently as a Trader in the High Grade Syndicate Group. Prior to Imperial, Ms. Hazelton was a Capital Markets Specialist with CF Global Trading LLC. Ms. Hazelton earned a Bachelor of Arts from Colorado College.

Mr. Buchanan Lilley joins Imperial Capital as a Vice President specifically focused on High Grade/Hybrid Trading. Mr. Lilley worked for Citigroup Inc. for 22 years as a Director in the Bond Analysis Group and later, the Investment Grade Corporate Bond Sales Desk. Most recently, Mr. Lilley was with CF Global Trading LLC as a Registered Representative in the Fixed Income Group. Mr. Lilley earned a Bachelor of Science from Lehigh University and a Master of Business Administration from the Amos Tuck School of Business Administration.

Mr. Thomas Nolan joins Imperial Capital as a Trading Assistant supporting the investment grade trading efforts of Imperial's High Grade/Hybrid Sales & Trading Group. Prior to joining Imperial Capital, Mr. Nolan was a Fixed Income Trading Analyst with CF Global Trading LLC where he was involved in the daily execution of Fixed Income and Treasury orders with a focus on hybrid securities. Mr. Nolan's experience also includes a year with Merrill Lynch as a Client Associate in the Global Wealth Management Group. Mr. Nolan earned a Bachelor of Arts from Villanova University. 

About Imperial Capital, LLC

Imperial Capital, founded in 1997, is a full-service investment banking firm with offices in Los Angeles, New York, San Francisco, Minneapolis, Boston and Houston. The firm currently employs over 180 professionals and offers a wide range of proprietary products and services to institutional investors, middle market companies, and private equity firms. Imperial Capital provides institutional clients research and sales and trading of high yield and distressed debt securities, bank debt, convertible bonds, preferred stocks, and equities. The firm provides middle market companies and financial sponsors with capital markets, merger and acquisitions, capital structure, restructuring and recapitalization advisory services. More information about Imperial Capital can be found at www.imperialcapital.com.

Contact Information:

For more information regarding Imperial Capital, please contact:

Mark Martis
(310) 246-3674
mmartis@imperialcapital.com