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Stifel appoints new executives to boost financial sponsors coverage

Stifel Financial Corp. made several new appointments in an effort to grow its coverage of financial sponsors.

The St. Louis-based company hired Ted Tutun into its New York office. Tutun most recently ran the financial sponsor group at Cowen Inc.

Stifel appointed Jarrad Segal as a managing director in Toronto, where he is responsible for the coverage of Canadian financial sponsors. Segal previously covered financial institutions and industrials and led corporate development efforts at GMP Securities.

Biju Kurian also joined Stifel's financial sponsor group, focusing on middle-market coverage. He previously held positions in Stifel's technology and M&A groups.

Lastly, Stifel appointed Craig Zaph as a managing director and head of private leveraged finance. Zaph most recently worked at Cowen as head of leveraged finance and debt capital markets.