INTL FCStone Financial adds industry veteran Drew Doscher as Head of Distressed Debt

March 17, 2020

Source: INTL FCStone Inc.

INTL FCStone Inc. (NASDAQ: INTL) today announced that the Fixed Income Division of its wholly owned subsidiary, INTL FCStone Financial Inc. (“the Company”), has hired Drew Doscher as Head of Distressed Debt Sales and Trading.  Doscher will build INTL FCStone Financial’s distressed debt trading capabilities and lead the Company’s strategy for distressed loans and debt, private credit, private equity, trade claims and litigation stubs. He will be reporting to Robert LaForte and Anthony DiCiollo, Co-Heads of Global Fixed Income.

Robert LaForte, Co-Head of Fixed Income at INTL FCStone Financial Inc., commented on the appointment, “Drew’s thirty years in this space through many cycles will be invaluable as we build out our distressed debt capabilities. The depth and breadth of relationships that Drew brings, his commitment in building a “best in class” team, and INTL’s ability to execute across a deep spectrum of fixed income products are critical in this rapidly changing market environment - these qualities are why we entrusted Drew to head distressed debt and he chose us to partner.”

An industry veteran, Doscher has spent three decades focused on illiquid markets across high yield, distressed debt, loans and private equity. Prior to joining INTL FCStone Financial, Drew was Head of Fixed Income Credit and Managing Director at BTIG . He served as Head of Distressed Debt Trading at Jefferies, managed global distressed-debt trading platforms at Barclays and UBS and started his career at Lehman Brothers.

Drew Doscher, Head of Distressed Debt Sales and Trading added, “I was drawn to INTL FCStone due to its global reach and was impressed by the level of support the firm provides clients across a wide array of financial products. I look forward to joining the firm’s global network of top experts and leveraging my vast experience in distressed debt to offer another solutions to clientele as they access financial markets worldwide.”

About INTL FCStone Inc.

INTL FCStone Inc., through its subsidiaries, is a leading provider of financial-services execution, risk management, market intelligence, and post-trade services across asset classes and markets around the world.

A Fortune 500 company with a nearly 100-year track record, the company focuses on providing products and services within the commodities, securities, foreign exchange and global payments sectors. INTL customers include the producers, processors and end users of virtually every major traded commodity; commercial counter parties; and governmental, nongovernmental and charitable organizations. The company also serves institutional investors, brokers, professional traders, CTA/CPOs, proprietary trading groups, commercial banks and major investment banks. Headquartered in New York City, the company is listed on NASDAQ under the ticker symbol “INTL”.

Further information on INTL FCStone is available at www.intlfcstone.com.

 

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