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Amherst Appoints New VP for Fixed Income Securities Unit

""Amherst Securities Group, LP"":http://www.amherst.com/, is welcoming a new leader for its fixed income securities division. The company recently announced the appointment of Dan Derby as vice president of the unit.

Derby, who has more than 15 years of experience in the mortgage-backed securities market, will join Amherst's Chicago, Illinois, branch. Prior to teaming up with Amherst, Derby served as a vice president for ""Raymond James and Associates"":www.raymondjames.com/, focusing on institutional fixed income sales with agency and non-agency mortgage-backed securities.

""Dan is an exceptional addition to our firm,"" said Amherst's Dan Hoffman. ""His experience, particularly in working with depository institutions, makes him an excellent fit to our talented sales team as we look to grow the fixed income expertise and services we offer to meet our clients' needs.""

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