Mizuho Americas, part of Japan-based Mizuho Financial Group, has made a series of new hires to its US equity platform, expanding the focus of the unit to the utilities and energy sectors, according to a group statement.
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Per the new hires, Mark McLain and Peter Heller will be brought in to serve as managing directors across the utilities and energy space – in this capacity they will be reporting to Eric Shenker, Managing Director and Head of Equity Trading at Mizuho Americas.
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Mizuho’s US equity platform has undergone steady growth in 2017, having now opted to focus on additional sectors. In his role at Mizuho, Mr. McLain will be tasked with utilities and MLPs equity trading. He joins Mizuho from Ladenburg Thalmann & Co., having previously served as its Managing Director, where he specialized in power and energy trading.
By extension, Mr. Heller lands at Mizuho where he will be leading its trading for the energy and industrial sectors. Prior to Mizuho he worked as the Head of Trading at CRT/Sterne Agee, managing capital commitment for its desk across the energy, utility, industrial, and materials sectors.
According to Matt DeSalvo, Head of US Equities at Mizuho Americas, in a recent statement one the hires: “We continue to invest in our equity platform in order to meet the growing needs of our clients. The addition of Mark and Peter demonstrates our commitment to hiring senior traders with deep expertise.”