Jefferies Group has hired real estate investment bankers Jeffrey Altman and Greg Rinsky from Houlihan Lokey, according to people with knowledge of the matter.

Bloomberg News reports that the New York-based duo will start at Jefferies in May, said one of the people, who declined to be named because the appointments aren’t yet public. They will focus on lodging, leisure and recreation.

In the meantime, Commodity trader and miner Glencore has hired Daniel Liu, a former Singapore-based trading manager at Goldman Sachs, to join its derivatives desk in Singapore, several sources with knowledge of the matter told Reuters on Tuesday.

Jefferies Hires Pair of Houlihan Real Estate Bankers

Glencore Asia hires ex-Goldman Sachs oil trader for derivatives desk