BTIG Adds Pershing as a Global Custodian and Clearing Broker

BTIG, an execution and prime brokerage provider, has selected Pershing as its global custodian and clearing broker for its multi-custodial and clearing prime brokerage platform.

Following the mandate, BTIG shall provide two custodian and clearing broker options for its hedge fund clients, Pershing and Goldman Sachs Execution & Clearing.

“Collaborating with clients, we understand that many fund managers look for multi-prime solutions that can offer a diverse line-up of custodians and clearing providers. Pershing and Goldman Sachs Execution & Clearing both serve some of the world’s premier asset owners, which will allow us to continue to strategically build out and enhance BTIG’s offering,” says Brian Petitt, managing director and co-head of prime brokerage at BTIG.