Odeon Capital Continues to Ramp Up its High Yield/Distressed Business

NEW YORK--(BUSINESS WIRE)--Odeon Capital Group LLC (“Odeon”), a New York-based independent Broker-Dealer with trading, investment banking, and research services, has hired Pierre Y. Chung, CFA as a Managing Director on its Credit/Special Situations desk.

Working with Peter Schellbach, Head of Corporate Trading, Pierre will focus on sourcing unique product across the credit spectrum. Prior to joining Odeon, he was a Managing Director at both Cowen and Guggenheim. Prior to that, Pierre was with Marblegate Asset Management, Macquarie Bank, and The Blackstone Group.

Under the leadership of Neal Thomas, a capital markets veteran with over three decades of experience in High Yield/Distressed sales and trading, the group continues to grow significantly, expanding its capital structure sales, trading, research, and capital markets capabilities across both public and private markets.

Evan Schwartzberg, CEO and Co-Founder of Odeon said, “The addition of Pierre will greatly benefit our clients by enhancing the content of our product offerings. Since our founding 13 years ago, our goal has been to provide institutional investors with independent analysis and products and Pierre greatly adds to our capabilities. We are thrilled to have him join us.”

Peter Schellbach, Head of Corporate Trading, added, “I’m excited to be working with Pierre again. He has a wealth of product knowledge that will prove invaluable to our clients.”

Odeon Capital Group LLC (Member FINRA, NFA, SIPC and MSRB) is an independent full-service broker dealer and investment banking firm providing advice and execution on fundamental value and catalyst-driven situations through sales & trading, research, and investment banking. Odeon is a full-service boutique broker/dealer to institutional clients and offers transparent, timely and complete services from origination through execution of experienced service that adds value in all market conditions. Odeon Capital Group LLC is headquartered in New York City. Visit www.odeoncap.com for more information.