Imperial Capital, LLC (“Imperial Capital”), announced the continued expansion of its high yield & distressed credit sales business that began with the hiring of its Head of Global Credit, Tim Sullivan in September 2019. Imperial Capital’s strategic expansion of the Credit Sales Group includes the hiring of Wall Street veterans Peter Parent and Andrew Brummer who join as Managing Directors based in the New York area.
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“We are pleased to hire these seasoned professionals,” said Tim Sullivan, Imperial’s Head of Global Credit. “The quality of their experience, market credibility and relationships is terrific, and they are exactly the kind of colleagues we want here at Imperial.”
Peter Parent joins Imperial Capital as a Managing Director in the Credit Sales and Trading Group, where his focus will be on High Yield/Distressed Sales. Prior to joining Imperial Capital, Mr. Parent was Head of High Yield Sales at Guggenheim Securities, and Head of US Credit Sales at Nomura Securities International. Having begun his career in trading, Mr. Parent has experienced many of the cyclical swings in the corporate credit markets in the US. Peter earned a Bachelor of Arts from The University of California, Santa Barbara.
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Andy Brummer joins Imperial Capital as a Managing Director in the Credit Sales and Trading Group specifically in High Yield/Distressed Sales. Mr. Brummer joins Imperial Capital from BMO Capital Markets where he was a Managing Director in Leveraged Finance Sales. Prior to BMO, Andy worked in Leveraged Finance sales for over 20 years primarily with Guggenheim Securities, LLC and BNP Capital Markets. Mr. Brummer began his career in High Yield Research at Lehman Brothers and Chase Securities, Inc. Andy earned an MBA from NYU Stern School of Business and a Bachelor of Arts from Colgate University.
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