John Budzyna has joined Deutsche Bank Securities Inc. as a managing director and head of hedge fund consulting within the banks Global Prime Finance business.
At Deutsche Bank, Budzyna will build and manage a hedge fund consulting business. He is based in New York and reports to Barry Bausano and Jonathan Hitchon, co-heads of Global Prime Finance.
Budzyna joins Deutsche Bank with over 30 years of experience in public accounting and consulting. He recently served as the CEO of Olympia Capital Associates, L.P., a hedge fund administrator. Prior to joining Olympia, Budzyna was a senior partner and co-head of the hedge fund practice at Ernst & Young and a partner in charge of the hedge fund practice at Arthur Andersen, where he spent 28 years.
“We are pleased to welcome John to our team and confident that his vast experience offering strategic advice to hedge funds on accounting, operations and best practices will provide the insight necessary to make our hedge fund consulting business a success,” Bausano says.
Hitchon adds: “Our business has excellent momentum and this is the latest step we are taking to enhance the diversified suite of services we provide to our clients.”
Earlier this year, Deutsche Bank Global Prime Finance was named the No. 2 global provider of prime brokerage services to hedge fund clients by Global Custodian magazine.
To see the results of GC’s Prime Brokerage Survey 2006, click here.