Cantor Fitzgerald has appointed David Stith to its investment banking group as managing director, head of leveraged finance and financial sponsor coverage.
Cantor Fitzgerald has appointed David Stith to its investment banking group as managing director, head of leveraged finance and financial sponsor coverage.
Stith joins Cantor’s growing investment banking practice that is expected to add approximately 50 to 70 bankers over the next 12 to 18 months to specifically target middle market clients.
Stith has over 25 years of industry experience, most recently with Merrill Lynch where he was a managing director in the leveraged finance group.
He will be responsible at Cantor Fitzgerald for originating, structuring, marketing and executing leveraged finance transactions and covering financial sponsors’ clients.
‘I am very pleased that David has joined our growing team. As we further develop our Leveraged Finance Team David’s skills, experience and relationships will add strength to our group and enable us to achieve even greater market presence,’ says Shawn Matthews, chief executive of Cantor Fitzgerald.
Stith adds: ‘I am proud to have the opportunity to join Cantor Fitzgerald and play a leading role in building its middle market investment banking effort. The firm’s terrific legacy in the fixed income market provides a superb basis for a natural progression to provide our clients with even more valued- added services.’
