PHILADELPHIA and NEW YORK, June 3, 2013 (GLOBE NEWSWIRE) — Institutional Financial Markets, Inc. (NYSE MKT:IFMI) (“IFMI”), a financial services firm specializing in credit-related fixed income investments, today announced that it has appointed Lester Brafman as President, effective immediately. Mr. Brafman will also serve as Chief Executive Officer of C&Co/PrinceRidge LLC.
During an 11-year tenure at Goldman Sachs, Mr. Brafman served as Chief Operating Officer of Credit and Mortgage Trading, and as Head of High Yield and Distressed Trading. Mr. Brafman most recently served as a Managing Director of Leveraged Finance Sales at Goldman Sachs, covering accounts for leveraged loans, bonds, and CDs.
