Macquarie Group appointed David Lipschitz as a senior analyst in equities research within its Commodities and Global Markets group. Lipschitz will be based out of Macquarie’s New York office.

Lipschitz has more than 15 years of experience covering metals, mining and related areas. He joins from CLSA where, since 2009, he led coverage of metals, mining, steel and North American rails. Prior to CLSA, Lipschitz spent several years at Merrill Lynch, where he covered a number of companies across the coal, steel and base metal industries.

Prior to sell-side research, he worked for four years in account management and three years as a professional tennis player.

Christine Farkas, managing director and head of US Equity Research, said, “We are delighted to have David join our coverage team. Metals & Mining is a core area of specialist expertise for Macquarie’s research platform globally. We continue to make strategic appointments that enhance our market leading position and remain confident in our ability to bring quality research insights to our client base globally.”