Global Prime Partners (GPP) has appointed a former prime brokerage head at both Deutsche Bank and Citi as its new chief operating officer (COO).
Todd Johnson joins GPP from betting exchange Smarkets where he was formerly COO, but he has more than 25 years’ experience in the industry in senior level buy- and sell-side roles.
In 2007, Johnson spent three years with Citi as head of European prime brokerage, and prior to that spent five years with Deutsche Bank as its head of international prime brokerage. He later co-founded a multi-manager hedge fund, Ivaldi Capital, running $3 billion before he left his position as a managing partner in 2016.
“Todd’s addition to the management team is an exciting and positive start to what will be an important year for the firm,” said Julian Parker, CEO of GPP. “He brings a wealth of top-level experience from a range of sectors, and I believe he will prove both a valuable asset and driving force for the company as we enter the next phase of growth. We look forward to welcoming Todd to GPP.”
GPP is currently celebrating its tenth year in operation, after being established in 2008 as a custody and clearing firm. The company has since grown a global prime brokerage and wealth solutions arm.
“I am incredibly enthusiastic about the opportunity presented at GPP to join Julian and the team,” Johnson said of his appointment. “The company has expanded steadily over the past decade to become an established and highly-respected service provider, now with a global presence. Our goal will be to enhance GPP’s path on this upward curve during the coming years.”