|JULY 20, 2009|
|Knight Libertas Appoints Al Lhota as Managing Director, Head of U.S. High Yield, Distressed and Bank Loan Sales|
|GREENWICH, Conn. and JERSEY CITY, N.J., July 20, 2009 /PRNewswire via COMTEX/ -- Knight Libertas LLC, a subsidiary of Knight Capital Group, Inc. (Nasdaq: NITE), today announced the appointment of Al Lhota as Managing Director, Head of U.S. High Yield, Distressed and Bank Loan Sales. Knight Libertas is an institutional fixed income broker-dealer providing sales, trading and research across a broad range of securities as well as capital markets services.
"Al Lhota's expertise and reputation within the fixed income industry are unsurpassed, " said Gary Katcher, Executive Vice President, Head of Global Institutional Fixed Income at Knight Capital Group. "He is a consummate professional with strong client focus as a salesman, team leader and strategic decision-maker. We are fortunate to have him join us at Knight Libertas."
Mr. Lhota has more than twenty years experience in fixed income sales. Prior to joining Knight Libertas, Al led High Yield teams at RBS Greenwich Capital Markets and UBS. In his role at Knight Libertas, Al is responsible for leading sales of High Yield, Distressed and Bank Loans to institutional firms. He reports directly to Mr. Katcher.
"I look forward to working with Gary and the team he's assembled. Our goal is to continue building the best distribution platform in the industry," said Lhota.
Mr. Lhota is based in the Greenwich office, phone 203.629.9230 or firstname.lastname@example.org.
Managing Director, Head of U.S. High Yield, Distressed and Bank Loan Sales
Knight Libertas LLC
Al Lhota, Managing Director, Head of U.S. High Yield, Distressed and Bank Loan Sales, is responsible for leading sales to institutional firms.
Mr. Lhota joined Knight Libertas in June 2009 from RBS Greenwich Capital Markets where he led the High Yield team. Prior to that, Al worked at UBS in High Yield sales in the U.S. and U.K. where he led the High Yield team in London and worked to integrate the bond and loan teams. Following an earlier period at UBS in high yield sales, he and a group of partners formed Libra Investments, which was eventually sold to US Bancorp. He began his career at Scotiabank in sales of Investment Grade and High Yield bonds.
Al attended Worcester Polytechnic University where he studied mechanical and civil engineering.
Knight Capital Group, Inc. (Nasdaq: NITE) is a leading financial services firm that provides electronic and voice access to the global capital markets across multiple asset classes for buy-side, sell-side and corporate clients. In Global Markets, we provide market access and trade execution services in nearly every U.S. equity security and a large number of global equities and fixed income, foreign exchange, futures and options. Our approach to trading combines deep liquidity with robust trading technology and capital facilitation, when necessary, to deliver high quality trade executions consistent with client defined measures. Our Corporate segment invests in strategic, financial services-oriented opportunities, allocates, deploys and monitors all capital and maintains all corporate overhead expenses. Our Asset Management segment is reported as a discontinued operation as of March 31, 2009. More information about Knight can be found at www.knight.com
Certain statements contained herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not historical facts and are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond our control. Accordingly, readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict including, without limitation, risks associated with (i) the costs, integration, performance and operation of businesses recently acquired, or that may be acquired in the future, by the Company, and (ii) the closing of the sale of substantially all of the assets of the Asset Management business and costs and expenses associated with the Company's exit from the Asset Management business. Since such statements involve risks and uncertainties, the actual results and performance of the Company may turn out to be materially different from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made herein. Readers should carefully review the risks and uncertainties disclosed in the Company's reports with the U.S. Securities and Exchange Commission (SEC), including, without limitation, those detailed under the headings "Certain Factors Affecting Results of Operations" and "Risk Factors" in the Company's Annual Report on Form 10-K for the year-ended December 31, 2008, and in other reports or documents the Company files with, or furnishes to, the SEC from time to time. This information should also be read in conjunction with the Company's Consolidated Financial Statements and the Notes thereto contained in the Company's Annual Report on Form 10-K for the year-ended December 31, 2008, and in other reports or documents the Company files with, or furnishes to, the SEC from time to time.
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