Gar Wood Adds Three to Prime Brokerage Group

Gar Wood Securities has added three industry veterans, Darren Day, Christopher Calvert and Joseph McDonald, to its prime brokerage group.
By Jake Safane(2147484770)
Gar Wood Securities has added three industry veterans, Darren Day, Christopher Calvert and Joseph McDonald, to its prime brokerage group.

Gar Wood made the additions in an effort to increase the firm’s presence in the emerging manager space by providing prime brokerage and capital introduction to new and emerging fund managers. The hires all came from investment bank B. Riley, and two, Day and Calvert, also previously worked at Concept Capital Markets.

Combined, the new group has 40 years of financial market experience, as well as many aspects of fund formation, trading and capital raising. At Gar Wood, Day will hold the position of senior vice president, while the other two will serve as vice presidents.

“We are delighted that Darren, Chris and Joe chose Gar Wood. Their combined experience servicing hedge funds and ’40 Act funds with marketing, trading and custody is unique and a compliment to Gar Wood’s current business. Gar Wood is fully committed to providing its independent brokers with a suite of solutions that will allow them to efficiently grow and manage their businesses while providing their clients with the best-of-breed trading tools and services,” says Bob Jersey, president & CEO of Gar Wood.

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