FBR Appoints Andrew Arthur Head of Distressed Sales
January 11 2011 - 4:07PM
FBR Capital Markets Corporation (Nasdaq:FBCM) (FBR), a leading
investment bank serving the middle market, announced today that
Andrew Arthur has joined the firm as Managing Director and Head of
Distressed Sales.
Michael Lloyd, Senior Managing Director and Head of Credit,
Convertibles & Options at FBR commented, "Andy is a
highly-regarded leader in the industry. His exemplary track record
and outstanding relationships with major hedge funds will be
considerable assets as we continue to grow our Credit activities at
FBR. Andy will lead a growing team of professionals as we
continue to invest in debt origination, execution, idea generation
and distribution in order to provide our clients with opportunities
in the corporate credit market."
Mr. Arthur is a 25-year veteran of the distressed sales and
trading industry having held senior positions at Royal Bank of
Scotland, Bear Stearns & Co, Amroc Securities, Morgan Stanley
and most recently Citadel Securities in New York. He is a graduate
of Union College with an Economics degree and serves on the
Advisory Board of The Mt. Sinai School of Medicine.
FBR Capital Markets Corporation (Nasdaq:FBCM) provides
investment banking, merger and acquisition advisory, institutional
brokerage, and research services through its subsidiary FBR Capital
Markets & Co. FBR focuses capital and financial expertise
on the following industry sectors: consumer; diversified
industrials; energy & natural resources; financial
institutions; insurance; real estate; and technology, media &
telecom. FBR Fund Advisers, Inc., a subsidiary of FBR Capital
Markets Corporation, provides clients with a range of investment
choices through The FBR Funds, a family of mutual funds. FBR
Capital Markets is headquartered in the Washington, D.C.
metropolitan area with offices throughout the United States and in
London. For more information, please visit www.fbr.com.
The FBR Capital Markets Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6405
CONTACT: Media Relations:
703.469.1004 or media@fbr.com
Investor Relations:
Bradley J. Wright
703.469.1080 or fbcmir@fbr.com
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