Stifel Financial rehired Jonathan Knepper and Edward (E.J.) Osswalt as managing directors in the firm’s fixed income capital markets group.
In their new roles, Knepper will focus on high yield and distressed sales, while Osswalt is responsible for Stifel’s crossover trading, which includes credits moving between high yield and investment grade ratings. They are both based in the firm’s New York City office.
A fixed income sales specialist with more than 30 years of industry experience, Knepper rejoins Stifel from Mizuho Securities USA, where he was a managing director in the firm’s high yield sales division. Prior to Mizuho, Knepper was a managing director of high yield sales at Stifel from 2015 to 2018 after previously holding the same position at Sterne, Agee & Leach, KBC Financial Products and SG Cowen Securities.
Osswalt, who has more than 16 years of experience in fixed income markets, rejoins Stifel from Mizuho Securities USA, where he was an executive director on the firm’s fixed income trading desk with a focus on investment grade debt. Previously, Osswalt was a director of fixed income trading for Stifel from 2009 to 2015 and a vice president of fixed income trading at Citigroup.
“The addition of Jonathan and E.J. signifies our commitment to growing Stifel’s fixed income platform by enhancing our capabilities and expanding our client relationships,” David Rubulotta, deputy co-head of fixed income capital markets at Stifel, said. “Together they bring deep product expertise and successful track records in trading fixed income assets, and we are thrilled to welcome them back into the Stifel family.”
“The talent and experience of Stifel’s Fixed Income team, together with the firm’s broad distribution capabilities, made returning to Stifel a compelling opportunity,” Knepper said. “I look forward to complementing the team’s efforts to grow its high yield and distressed debt offerings.”
“I am excited to be rejoining Stifel and helping the crossover trading team to continue providing clients with best-in-class trading solutions designed to meet their evolving needs,” Osswalt said.
