Marquee Connect project will see Goldman Sachs develop a virtual platform for hedge funds to connect with prospective investors.
Tag: capital introduction
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.
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.
The new role will include oversight of Credit Suisse' capital introduction, client services and prime consulting businesses.
Hedge fund expert joins Deutsche Bank's European prime brokerage team.