Brownstone Investment Group, a fixed income investment firm, has expanded its trading platform with the addition of Emerging Markets (EM) debt.
Brownstone said that it will focus initially on Latin American corporate bonds and quasi-sovereign credits domiciled in Brazil, Mexico, Colombia, Chile and Peru, as well as on providing liquidity in select Asian and European Union issuers.
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Brownstone’s EM desk already maintains over 200 live and executable markets to service the needs of its Latin American and European clients.
Douglas Lowey, Brownstone president & CEO, said: "This latest expansion reflects the firm’s continued commitment to leveraging the strength of our platform to become a one-stop shop for fixed income investors."
Brownstone’s EM trading and sales unit is led by directors of emerging markets Andrew Bazylevsky and Brian Krueger.
Brownstone also revealed that it plans to hire additional professionals with EM experience and relationships in order to further expand its offering of Latin American, Central and Eastern European, Middle Eastern and African credits.
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