Phoenix Partners Group Launches Institutional Equity Sales and Trading Team

Robert Samuels, formerly of Oppenheimer & Co. and JPMorgan, Will Provide Research Coverage with an Initial Focus on Retail; Christian De Berardinis, Michael Block, and David Redling to Launch Sales and Trading

2010.04.15 : New York – Phoenix Partners Group, a leading interdealer broker with offices in New York, London, and Paris, announced today that it has launched an Institutional Equity Sales and Trading team.

As the initial part of this expansion, Phoenix has recruited this highly experienced team:

Robert Samuels, most recently an Executive Director and Senior Analyst covering the Specialty Retail sector at Oppenheimer & Co.  Mr. Samuels previously covered the Apparel, Footwear and Sporting Goods sector and Specialty Retail sector at JPMorgan.

Christian De Berardinis, most recently an Executive Director of Equity Sales at Oppenheimer & Co.  He previously worked in Equity Sales at JPMorgan, Citigroup, and Banc of America Securities.

Michael Block, most recently a Managing Director and Head of Trading at Exis Capital. Previously he was Head Trader at Magnetar Capital and Sandell Asset Management.

David Redling joined Phoenix 18 months ago to establish the firm’s presence in cash equity execution.

“Robert Samuels has distinguished himself as one of Wall Street’s top specialty retail analysts, and Phoenix Partners Group is committed to ensuring him a conflict-free environment to cover his sector independently and objectively,” said Nicholas Stephan, a co-founder and CEO.  “Christian and Michael have broad experience on both sides of the spectrum in equities, and we are excited about them joining Phoenix Partners to apply their skill set and knowledge to generate actionable ideas, identify catalysts and provide first-class service to their clients.  David already is steeped in Phoenix Partners Group’s culture of unparalleled client service and dedication.”