Cowen expands capital introduction team with two former hedge fund execs
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 Fitzgerald outsources cap intro to Layton Road Group
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.
Hedge funds face new virtual reality to raising capital
Hedge funds recorded heavy losses during the COVID-19 crisis, but many have been able to rebound. Joe Parsons asks, how have prime broker’s cap intro teams helped managers to raise capital for new fund launches during lockdown? And how has the lockdown stimulated the digitalisation of cap intro?
Goldman Sachs to shift hedge fund services onto digitalised Marquee platform
Marquee Connect project will see Goldman Sachs develop a virtual platform for hedge funds to connect with prospective investors.
Prime brokers falling short on cap intro services for hedge funds
Capital introduction teams have downsized significantly over the years as banks look to shift resources to more revenue-driving services.
INTL FCStone continues prime brokerage push with new hires
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.
Downsized cap intro teams lead to the rise of new players
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.
Hedge fund assessment of prime brokers holds steady
Initial Prime Brokerage Survey results show capital introduction to be the lowest ranked service area, according to hedge fund respondents.
Wall Street sees departure of senior cap intro faces
The global heads of capital introduction at some of the biggest prime brokers have left this year to pursue new ventures.
Capital introduction teams facing stricter marketing regulations
Prime brokers and their capital introduction teams may have to rethink how they operate with new pre-marketing rules set to be enforced.