Broadpoint Capital, a broker-dealer subsidiary of Broadpoint Securities Group, has appointed Keith Malas as the new managing director and head of the company's debt capital markets origination department.

Mr Malas will report to Joseph Mannello, executive managing director and head of Broadpoint Capital’s debt capital markets division.

Most recently, Mr Malas was a managing director at Deutsche Bank where he managed leveraged financings in energy, power, healthcare, paper and packaging.

Lee Fensterstock, chairman and CEO of Broadpoint, said: The combination of Keith Malas’ experience in high yield and leveraged finance and our debt capital markets institutional distribution platform will result in terrific financing opportunities for both issuers and investors, particularly in these difficult credit markets.