B Riley has added two seasoned veterans, Jim Clamage and Jason Strominger, to the firm’s Institutional Equity Sales team.“Jim and Jason bring valuable experience to a strong and growing B Riley sales force, expanding our distribution and deepening our institutional client relationships at a key inflection point for the brokerage,” says Andy Moore, CEO of B Riley FBR, the investment banking subsidiary of B Riley Financial. “We’re pleased to welcome them to the team and look forward to their contributions.”
Based in New York, Clamage joins B Riley as a Managing Director following a 16-year career as a director of cross-asset sales and trading at Cowen, Inc. and predecessor firm, CRT Capital Group, where he was responsible for providing institutional investors with cross-asset and full capital structure research and trading of mid-market secondary loans, high-yield distressed bonds, convertible bonds, post-reorg equities, trade claims, special situation equities and SPACs. He previously served in institutional sales at Sanford Bernstein, Bear Stearns, Robertson Stephens and Pritchard Capital. Clamage holds a degree in Biology from Dartmouth College.
Strominger is based in Arlington, VA and joins B Riley after five years in institutional sales at DA Davidson. He previously served as Head of Capital Markets at Sidoti & Company and Ardour Capital. Strominger began his financial services career as an equity research analyst covering the energy sector at Bear Stearns, Credit Suisse and Rodman & Renshaw and worked in the entertainment industry for over 10 years earlier in his career. Strominger holds a degree in Public Policy from Duke University.