I.A. Englander Hires Langbert of HedgeCo to Lead Prime Services Division

Brett Langbert has been hired as managing director of broker-dealer Israel A. Englander’s Managed Accounts and Prime Services (MA&PS) division.

MA&PS is the recently rebranded prime broker that serves sub-$250 million hedge funds and investors using separately managed account structures.

Langbert will be responsible for directing sales and distribution for the prime broker.

Previously Langbert was president and COO of HedgeCo Networks and President of HedgeCo Securities. At HedgeCo Networks, he was responsible for HedgeCo.Net, the online database for hedge fund content and performance. At HedgeCo Securities, he managed a broker-dealer that performed prime broker services, capital introduction and third-party marketing.

Before HedgeCo, he held several senior-level positions at global investment banking firms, including UBS, Morgan Stanley and Goldman Sachs.

“We are extremely pleased that someone of Brett’s caliber shares our vision and has joined the MA&PS team,” says Stephen Tobias, President and CEO of Israel A. Englander & Co. “The breadth of his experience and expertise in the institutional investment community will provide an excellent fit to MA&PS’ expanding presence in the industry.”

Langbert adds: “I am delighted about the opportunity to work with IA Englander and specifically the MA&PS platform. This business is a dynamic, cost effective, streamlined and innovative solutions provider for both investors and hedge funds that doesn’t exist in the market place.”