Seth William Fox has been appointed as managing director and head of fixed income
I-Bankers Securities, a California-based investment bank and a subsidiary of IBS Group, has appointed Seth William (Bill) Fox to the New York office. He joins I-Bankers Securities as managing director and head of fixed income.
Earlier, Mr. Fox was a managing director and senior banker at Credit Suisse with responsibility for structuring and executing syndicated loan transactions led by the firm.
Mr. Fox will be responsible for growing the firm’s debt origination, execution and trading capabilities. The company has said that this expansion will increase its market presence and is in response to client interest and demand for broader product penetration across asset classes in the US and European marketplaces.
Mike McCrory, chairman and CEO of IBS Group, said: “We are excited to expand our platform in the corporate debt markets. We have consistently been strong equity players, and adding Mr. Bill to the team will help us better serve our clients and broaden our footprint. His expertise in the senior secured bank debt and mezzanine markets will enhance our capital raising efforts and help us become a more rounded and diversified firm. His skills, experience and relationships will supplement I-Bankers Securities’ well established position in the public and private equity markets, and provide the foundation to capture market share in the debt markets going forward.”