KeyBanc Capital Markets added 20-year municipal veteran Matthew O’Grady to its fixed income group.
O’Grady, who joins KeyBanc from Piper Jaffray, will serve as a managing director with the municipal underwriting team and will be on Key’s trading desk in New York City, the bank said in a press release.
He will focus on high-yield trading and underwriting for the senior living and health care markets, serving as the primary contact for Key’s public finance bankers in health care. He will also handle general muni-underwriting efforts across other sectors. O'Grady has experience in municipal sales, trading, underwriting and research and as a portfolio manager.
Most recently, he was a managing director at Piper. Previously, he was responsible for the creation and sale of bonds for senior living and health care entities at Red Capital and H. J. Sims & Co. He will report directly to Randy Burleyson, managing director and head of muni underwriting.
“The hiring of Matt enhances our recent acquisition of Cain Brothers and solidifies our commitment to the senior living and health care sectors,” Burleyson said. “We are confident that Matt’s experience and deep relationships will contribute to our growing platform in meaningful ways and are pleased he has joined the KeyBanc Capital Markets team.”