Art Kenny, a former v.p. in global sales and trading at Salomon Smith Barney, has been scooped up by The Seaport Group. Due to Kenny's experience with the Latin American sector, he has been brought on to be a sourcer for the firm's loan group and will help Seaport expand its Latin American presence in addition to working with the existing U.S. clients.
Both Latin America and Europe present new sets of opportunities, said Marc Baum, Seaport's chief operating officer. "First people focus on distressed [in the U.S.], and as it matures they begin to look for opportunities offshore," said Baum, explaining the Seaport expansion.
Baum said the latest hire was another step in Seaport's efforts to continue to grow its loan, corporate debt, equity and research businesses. The firm will continue to be opportunistic when good people become available, he said.
Kenny was employed by Salomon from early 1998 until last November. At Salomon he reported to Jonathan Calder, the firm's head of loan sales and trading. At Seaport, Kenny will report to Amy Siskind, managing director and head of Seaport's bank debt trading group. Kenny confirmed his arrival and his role at Seaport.