Jay levine greenwich capital markets

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The former heads of Greenwich Capital Markets have bought a controlling stake in CRT Capital Inc. with plans to build the investment sales and trading company into one of the five largest primary dealers.

Along with Ron Kripalani, former Greenwich Capital co-CEOs Ben Carpenter and Jay Levine led a buyout of Stamford-based CRT, and the company has since hired 30 sales and trading professionals, giving it 130 employees in all.

Kripalani is CEO of CRT, having previously had the same role at Countrywide Capital Markets, a subsidiary of Countrywide Financial Corp., between 2000 and 2008.

Carpenter and Levine led Greenwich Capital in 2000 when the investment strategist and parent National Westminster plc were bought out by Royal Bank of Scotland.

Levine is now CEO of Horsham, Pa.-based Capmark Financial Group Inc.

RBS moved its Greenwich Capital operation this year from Greenwich to a new office building in Stamford along with units previously based in New York