Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Seaport Hires David Troyer for High-Yield Debt Research

Don't Miss Out —
Follow us on:

Feb. 22 (Bloomberg) -- Seaport Group, the New York-based credit-market brokerage, hired David L. Troyer from Lazard Capital Markets LLC as a managing director to handle high-yield debt research tied to chemicals and industrial companies.

Troyer, 46, was ranked No. 1 by Institutional Investor Magazine for 11 consecutive years, according to a statement today from Seaport. He had worked at Credit Suisse Group AG for about eight years prior to his stint at Lazard Capital, industry records show.

Seaport, founded in 2001 as a distressed-debt broker, has about 200 employees who trade bonds, private placements and structured products, according to its website. Analysts such as Troyer write reports on companies that the brokerage sends to its investor clients.

Michael Meagher and Stephen Smith started the firm, according to its website. Its co-head of sales and trading, Drew Doscher, resigned last month after a dispute, a person with knowledge of the matter said at the time.

Sea Port Group Securities LLC, the company’s brokerage unit, earned $2.6 million from $80.1 million of revenue in 2011, the latest data available, according to a regulatory filing.

To contact the reporter on this story: Zeke Faux in New York at zfaux@bloomberg.net

To contact the editor responsible for this story: David Scheer at dscheer@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.