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Boutique investment banking firm CastleOak Securities has hired Rick Carr as a senior managing director and co-head of sales and trading, officials say.
In his new role, Carr will report to David R. Jones, president and CEO of CastleOak, and he will be focused on “building the firm’s fixed income business and team nationally, with a focus on New York, Chicago, Atlanta, Los Angeles, Cleveland and San Francisco,” according to a company statement.
“We are pleased to welcome Rick to the CastleOak team. We are committed to building a leading fixed income franchise at CastleOak, and believe Rick’s extensive experience and breadth of relationships will help extend our capabilities across geographies and products,” says Jones, in a statement. “Growing our national fixed income sales and trading team is a top priority for us, and we are making strategic investments to strengthen our platform to deliver the best capabilities to our clients.”
Carr joins CastleOak from Deutsche Bank, where he was a managing director in corporate finance. He has previously held posts at BlueBay Asset Management and MKP Capital management, among others.
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