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Broadpoint Expands Fixed-Income Staff

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Broadpoint Capital, a broker-dealer subsidiary of Broadpoint Securities Group, hired Matthew Swope and Bradley Bennett to the firm’s debt capital markets division, both as vice presidents and fixed-income analysts.

Swope joins Broadpoint with nine years of experience in the high yield bond, leveraged loan and distressed debt markets. Most recently, he was a research analyst, portfolio manager and partner at Washington Corner Capital Management, which is a distressed and credit-based investment firm. Before Washington Corner Capital, Swope spent six years at WR Huff Asset Management as a research analyst and portfolio manager.
 
Bennett most recently spent eight years at Goldman Sachs, where he was a vice president in the high yield distressed investing group. He joined Goldman in 2001 where he initially worked in the bank loan distressed investing group. 
“We are delighted to have Matt and Brad join the Broadpoint team, providing an expanded level of service to our debt capital Markets clients, ” Lee Fensterstock, chairman and CEO, said.


“We believe the best way to provide value to our clients is with quality credit analysis and trading ideas, ” Joseph Mannello, executive managing girector and head of Broadpoint Capital’s debt capital markets division, said. “The addition of Matt and Brad will allow Broadpoint to provide trading ideas on a broader range of credits.”
 

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