S3 Partners, a hedge fund financing firm, has appointed Ron Pateka and Jim Kane as Directors to accommodate the growth of its agency business.
In their new positions at S3, Messrs. Pateka and Kane will help manage client relations and provide outsourced portfolio financing solutions including, management of yield enhancement and leverage, recall/buy-in advice and cash management.
“We are very excited Ron and Jim have joined the S3 team,” said Robert Sloan, managing partner at S3 Partners. “Ron and Jim have significant experience in every facet of prime brokerage and equity finance. With their support and guidance, we will expand efficient outsourced portfolio financing solutions to our hedge fund clients.”
Mr. Pateka is a former vice president at Morgan Stanley where he was a client service manager in prime brokerage for over eight years. Prior to joining Morgan Stanley, he was a client service manager with Bear Stearns prime services. He joined Bear Stearns from KPMG where he worked in tax planning. Mr. Pateka graduated from Saint Johns University with a BS in Accounting.
Mr. Kane is a former vice president at CSFB where he worked in the product development and structured solutions group in prime services. Prior to joining CSFB, he was at Barclays Capital, where his responsibilities included relationship management and business development in the Collateralized Finance group. He began his career with Lehman Brothers. Mr. Kane graduated from Saint Peters College with a BA in Economics.