Former hedge fund executives joins Cowen's global capital introduction team, where it seeks to expand its coverage in Asia-Pacific and the US.
Tag: capital introduction
Cantor replaces BNP Paribas as Layton Road’s main prime broker client, with the French nearing the completing of its integration with Deutsche Bank’s business.
Marquee Connect project will see Goldman Sachs develop a virtual platform for hedge funds to connect with prospective investors.
Capital introduction teams have downsized significantly over the years as banks look to shift resources to more revenue-driving services.
INTL FCStone expanded into the US prime services market at the back-end of last year after it brought on three former senior executives at Cowen Group.
Initial Prime Brokerage Survey results show capital introduction to be the lowest ranked service area, according to hedge fund respondents.
The global heads of capital introduction at some of the biggest prime brokers have left this year to pursue new ventures.
Prime brokers and their capital introduction teams may have to rethink how they operate with new pre-marketing rules set to be enforced.