To lead the effort , Ticonderoga has hired industry veterans Martin Teevan, and Alan Alsheimer, as global head of Fixed Income and head of US Fixed Income, respectively.
Teevan joins Ticonderoga from Cantor Fitzgerald, where he was most recently senior managing director and global head of Credit.
He spearheaded Cantor’s considerable build-out across the US and European Leveraged Finance and Investment Grade Credit Sales, Trading & Research. His twenty-year career on Wall Street includes senior trading and leadership positions at Goldman Sachs and UBS.
Alsheimer joins from Goldman Sachs, where he built the leading loan credit derivatives platform after joining in 2006.
He was previously at RBS Greenwich Capital and was a key to the launch of its North American Credit Trading business.
Alsheimer previously spent five years at Lehman Brothers in both their interest rate and credit trading areas.
Ticonderoga CEO and co-founder Shawn McLoughlin said they have successfully built out the Ticonderoga equity and equity research platform over the last two years and feel strongly that they can translate the client relationships and value-added approach of their equity business to the Fixed Income market place.
"I am very pleased to welcome Marty and Alan to the firm. They are both highly respected and have been very successful building out and leading businesses within Fixed Income," McLoughlin concluded.