Seasoned veterans are leaving capital introduction roles leading to questions over whether it is a sustainable business or just a value-add. Joe Parsons investigates whether new players are stepping in to fill the void.
Tag: Cantor Fitzgerald
Cantor Fitzgerald has beefed up its prime brokerage team over the past six months, following the hire of Jon Yalmokas in September to lead the unit.
Noel Kimmel, who founded Cantor Fitzgerald's prime brokerage business in 2009, has left to join Cerberus Capital Management.
Cantor Fitzgerald have had a string of hirings in prime brokerage as part of a new strategy enacted by former co-CEO of Deutsche Bank, Anshu Jain.