|JUNE 10, 2010|
|Knight Expands Global Capital Markets Team|
JERSEY CITY, N.J. and GREENWICH, Conn., June 10, 2010 /PRNewswire via COMTEX/ --Knight Capital Group, Inc. (NYSE Euronext: KCG), today announced the appointments of Mark C. Aitken, David A. Barcus and David Lessen, Ph.D. as Managing Directors in Capital Markets, effective immediately.
"We continue to build out the Capital Markets team and overall client offering at Knight, drawing on the firm's detailed knowledge of the debt and equity markets," said Gary Katcher, Executive Vice President, Head of Global Fixed Income at Knight Capital Group. "Knight has a large sales and trading team across a broad range of products with an extensive client network comprised of leading buy-side firms. We are selectively adding individuals with deep experience raising capital for companies of all sizes."
Knight offers capital markets services to small- and mid-cap corporate issuers as well as private companies. The Capital Markets team provides capital structure advisory and transaction services, including equity and debt offerings, private placements, restricted share programs, liability management, equity buybacks and debt repurchases. Knight recently formed a marketing alliance with international investment bank Houlihan Lokey to combine world-class investment banking, capital markets, and sales and trading services across debt and equity.
Mr. Aitken is responsible for managing the Capital Markets team in Europe and is based in Knight's London office. Mr. Barcus leads High Yield Capital Markets while Mr. Lessen directs Convertibles Capital Markets, both from the Greenwich office.
Mark C. Aitken
Knight Capital Europe Limited
Mark Aitken is Managing Director, Head of Capital Markets in Europe.
Prior to joining Knight, Mr. Aitken spent six years at HBOS where he set up the firm's corporate bonds business offering high yield and debt private placement solutions to Bank of Scotland's private equity and mid-cap clients in the U.K. and Continental Europe. Prior to HBOS, Mark was a Managing Director and Head of High Yield Capital Markets at Dresdner Kleinwort Benson. He built Dresdner's high yield platform, rapidly establishing it as one of the leading European banks in that fledgling market. Before DRKB, Mark spent fifteen years at a London-based affiliate of JP Morgan, Saudi International Bank, where he was Head of Capital Markets with responsibility for all of the firm's proprietary trading and investment activities. He received his initial credit training through the Bank Management Program at JP Morgan in New York.
Mark has a bachelor of science in economics with first class honours from the London School of Economics.
David A. Barcus
Knight Libertas LLC
David Barcus is a Managing Director, Head of High Yield Capital Markets.
Mr. Barcus is a former Managing Director at MTN Capital Partners, where he was responsible for originating and executing leveraged acquisition transactions as a principal investor. Previously, David spent more than 16 years at BNP Paribas in various roles throughout BNP's Leveraged Finance and High Yield businesses around the world including, Managing Director, Head of High Yield Syndicate and Managing Director, Loan and High Yield Capital Markets, North America. He has also held roles at The Bank of Nova Scotia, Ehrlich Bober & Co. and Bear Stearns & Co. Inc.
David has a bachelor of science in engineering science with a concentration in chemical engineering from Vanderbilt University and a master of business administration from New York University.
David Lessen, Ph.D.
Knight Libertas LLC
David Lessen, Ph.D. is a Managing Director, Head of Convertibles Capital Markets.
Dr. Lessen is a former Managing Director, Head of Convertible Bond Origination at BroadpointGleacher. Previously, David was with UBS Investment Bank for nine years and was a Managing Director in the Global Healthcare, Investment Banking Group where he led the group's convertible bond and equity derivative origination activities. His prior experience includes roles at Zurich Capital Markets, JP Morgan, Toronto Dominion Securities and Goldman Sachs.
David received a bachelor of science in mechanical engineering, master of engineering in aerospace engineering and master of business administration from Cornell University in addition to a Ph.D. in theoretical and applied mechanics from Rensselaer Polytechnic Institute.
Knight Capital Group, Inc. (NYSE Euronext: KCG) is a global financial services firm that provides market access and trade execution services across multiple asset classes to buy- and sell-side firms. Knight's hybrid market model features complementary electronic and voice trade execution services in global equities and fixed income as well as foreign exchange, futures and options. The firm is the leading source of liquidity in U.S. equities by share volume. Knight also offers capital markets services to corporate issuers. Knight is headquartered in Jersey City, NJ with a growing global presence across North America, Europe and the Asia-Pacific region. For more information, please go to 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 changes in market structure, legislative or regulatory rule changes, the costs, integration, performance and operation of businesses recently acquired or developed organically, or that may be acquired in the future, by the Company and risks related to the 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, 2009, "Risk Factors" in the Company's Quarterly Report on Form 10-Q for the quarter-ended March 31, 2010, 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, 2009, and in other reports or documents the Company files with, or furnishes to, the SEC from time to time.
SOURCE Knight Capital Group, Inc.