Beverly Hills Boutique Picks Up Pros

  • 01 Apr 2001
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Imperial Capital, a high-yield boutique based in Beverly Hills, is seizing upon securities industry consolidation and cutbacks to expand its sales and trading roster. Its most recent pickup is Scott Siemers, who joined the firm's New York sales team earlier this month as senior v.p. He was a senior junk trader at J.P. Morgan, until he was let go after Morgan merged with Chase Manhattan. Siemers reports to Steve Hornstein, a former head of the high-yield trading desk at Donaldson, Lufkin & Jenrette.

Hornstein, who himself came to Imperial earlier this year, said he expects to make three to five more hires over the next three to six months. "We're a small firm, focusing primarily on distressed debt...and the industry trends toward belt-tightening and consolidation increase our ability to attract senior talent in sales, trading, and research," he says.

A spokesman for J.P. Morgan Chase declined to comment. Neither Siemers nor Hornstein would discuss Siemers' compensation deal, other than to say it is commission-based.

  • 01 Apr 2001

New! GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 7,171 21 10.72
2 Bank of America Merrill Lynch (BAML) 6,901 20 10.32
3 JP Morgan 4,776 10 7.14
4 Credit Suisse 4,718 9 7.05
5 Lloyds Bank 4,420 14 6.61

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Oct 2016
1 Wells Fargo Securities 68,611.22 170 11.38%
2 Bank of America Merrill Lynch 59,056.08 169 9.80%
3 JPMorgan 56,861.85 163 9.43%
4 Citi 56,521.05 165 9.38%
5 Credit Suisse 44,888.95 123 7.45%