Keith Grimaldi Joins Cantor Fitzgerald As Senior Managing Director For CLO And CDO & CLO Trading
New York – April 22, 2009 – Cantor Fitzgerald & Co. announced today that Keith Grimaldi has joined its Debt Capital Markets team as Senior Managing Director of CDO and Structured Products Trading. He will be responsible for building the trading and distribution of all Collateralized Debt Obligations and other structured credit products. This will include identifying secondary trading opportunities for clients, providing liquidity in secondary markets for these products, helping clients value their portfolios, analyzing and helping to repackage securities for holders or potential buyers. Mr. Grimaldi will report to Shawn Matthews, CEO of Cantor Fitzgerald & Co.
Mr. Grimaldi was recently Managing Director at UBS Securities and Global Head of the CDO Group, where he was responsible for overseeing the origination and trading of Collateralized Debt Obligations. Prior to joining UBS Mr. Grimaldi was an Executive Director at CIBC where he was in charge of the syndication, trading and distribution of Collateralized Debt Obligations and other esoteric securitized transactions in the public and private placement markets. Mr. Grimaldi earlier was a Vice President at Citicorp where he held various positions including Head Asset-Backed Securities Trader. Mr. Grimaldi holds a MBA from Fordham University.
“I am proud to have Keith on our team helping our clients invest in CDOs and other structured credit products. Cantor Fitzgerald provides Keith the platform to use his incredible breadth of knowledge and experience to help us continue to grow our business and continue offering premium service to our clients,” said Mr.Matthews. “Keith’s joining us exemplifies our ability to attract people with unparalleled experience and relationships within the industry to help us achieve our vision and meet our goal of growing our fixed income franchise over the long term,” concluded Mr. Matthews.
Cantor’s Debt Capital Markets group has added nearly a hundred sales and trading professionals in 2008 and has added 25 new strategic hires since December ‘09 and is continuing to grow its fixed income business.
About Cantor Fitzgerald
Cantor Fitzgerald, a leading global financial services firm has been a proven and resilient leader for over 60 years. The Cantor Fitzgerald franchise includes institutional debt and equity sales and trading, investment banking and real estate private equity, as well as other businesses and ventures.
The firm’s Debt Capital Markets business is a world-class dealer across a broad spectrum of fixed income products. Known for its personal commitment to clients and excellence in providing liquidity and transaction execution, Cantor Fitzgerald Debt Capital Markets offers services in repo and securities lending, mortgage-backed and asset-backed securities, corporate bonds, interest rate products, agencies, SBA securities and structured products. Cantor’s Debt Capital Markets group serves over 4000 fixed income customers worldwide.
The Equity Capital Markets business is a recognized leader in the global third market. Its professionals operate in major markets around the world providing solutions that address clients’ requirements for execution, return optimization and risk management. Cantor Fitzgerald Equity Capital Markets offers services in domestic and international equities, derivatives, convertibles and structured products, stock loan, and contracts for difference, as well as investment banking and research. Cantor’s Equity Capital Markets group serves more than 5000 major institutional investors and corporations worldwide.
For more information, please visit www.cantor.com.
Note to Editors: Cantor Fitzgerald, L.P. is the parent company of Cantor Fitzgerald & Co.
Contact:
Melanie Gordon-Felsman
(212) 310 2314; mgordon@cantor.com
