Previously, Schlochtermeyer headed the capital markets unit of the German Insurance Association, whose members hold more than €1.2 trillion in assets.
The Rates business within Jefferies’ global fixed income division has expanded since the unit was started in early 2009.
Jefferies co-heads of the fixed income division Johan Eveland and William Jennings said in a joint statement that Schlochtermeyer experience and relationships will add value to the global fixed income platform as Jefferies continue to expand business in Europe and Asia.
In addition to being designated as a primary dealer by the Federal Reserve Bank of New York, over the last two years Jefferies has been appointed as an official member of the Federal Republic of Germany’s bidding group, a Gilt-edged Market Maker (GEMM) jointly by the UK Debt Management Office and the London Stock Exchange, a Dutch Primary Dealer by the Dutch State Treasury, an EBT (Especialistas em Bilhetes do Tesouro) by IGCP in Portugal, and a member of the auction panel for Republic of Austria Government Bonds.
Jefferies’ fixed income business focus on the sales and trading of investment grade corporate bonds, high yield bonds, government and agency securities, repo finance, mortgage- and asset-backed securities, municipal bonds, whole loans, leveraged loans, distressed securities and emerging markets debt.
