Capitolis intends to use the funds from this latest investment to further accelerate its technology and product development.
An asset class rotation among hedge funds could encourage prime brokers to invest significantly in specialising in servicing credit and multi-asset strategies.
Cowen recruits Deutsche Bank's former head of prime brokerage Americas sales to bolster global securities finance division.
After serving 10 years as the first female Police Officer in Cranford, NJ, Vanessa Van Brunt made the jump to Wall Street where she held senior roles with Wells Fargo and BlackRock. In this episode, Van Brunt discusses stories from her time in the force where she worked on a variety of undercover assignments, narcotics task forces, and first-responder duty during 9/11 supporting NYPD
Cowen has hired a former prime services executive from Morgan Stanley, JP Morgan and Cantor Fitzgerald to boost its New York sales team.
With the integration of the Deutsche Bank business, BNP Paribas is aiming to become the top prime broker in Europe and potentially break out as a top four global player.
As digital asset firms look to reach institutional investors, the largest players have realised the need for prime brokerage services and appear to have all made their moves at once.
Equities and fixed income financing rose in the first quarter at Goldman Sachs, as hedge funds increase balances.
Market volatility sparked by the COVID-19 pandemic has resulted in a significant increase in prime brokers asking for more collateral from hedge funds.
IG said it’s offering will give hedge fund managers and family offices access to the full spectrum of prime brokerage services.