Kyle Kupiec has joined Concept Capital Markets as managing director in the firms Prime Brokerage Services Group. Kupiec joins from Shoreline Trading Group where, as principal, he helped establish the firms broker-dealer offering to fund managers over the last 15 years.
Launched by former investment managers, Concept Capital provides custody and clearing options, multi asset class capabilities, execution and order management systems, an execution desk, a range of financing options, portfolio reporting capabilities and capital introduction to hedge fund managers, managed account platforms, institutional investors, family offices and registered investment advisors
Concept said it predicts Kupiecs move will be seamless for Shoreline clients, whose accounts can remain in custody at the same clearing firm and they can continue to use the same trade execution systems theyve grown accustomed to. Jack Seibald, co-founder and senior managing director of Concept Capital added: During our extensive discussions in recent months, weve come to appreciate that Concept Capital and Shoreline share many business values, most notably that we strive to earn our clients business every day by serving them as a trusted and loyal partner, and concluded that a partnership with Kyle would make a great deal of sense for everyone involved.”
Kyle Kupiec, principal of Shoreline Trading Group. Having had the opportunity to speak with and look at a number of different firms, I felt that Concept was best equipped to not only maintain, but enhance and expand on the offering clients receive. Clients will have access to additional custodial options as well as larger operational support, technology, and trading teams. I look forward to introducing the Concept offering to existing as well as new clients.
(JDC)