SSS appoints Andrew Leone as managing director
13 September 2021 US
Image: South_Street_Securities
South Street Securities (SSS) hires Andrew Leone as managing director of equities finance.
Based at the firm’s New York headquarters, Leone will be imperative in cultivating the equity finance and Delta 1 trading business.
Prior to his new role, Leone spent six years with Nomura Securities, where he managed trading for securities lending and various strategies in equity products. In 2004, Leone joined Satellite Asset Management, a multi-strategy hedge fund, as head of securities lending and equity derivatives.
Here, he co-managed and traded a special-purpose acquisition company (SPAC) portfolio and worked on Special Situations. He was also responsible for funding Satellite Asset Management’s credit positions through various structures until the fund was unwound in 2008.
In 2010 he joined MUFG where he successfully built out the securities lending and equity derivatives platform. Over his 10 year tenure, he was responsible for managing the securities financing team and their activities until departing in 2021.
Based at the firm’s New York headquarters, Leone will be imperative in cultivating the equity finance and Delta 1 trading business.
Prior to his new role, Leone spent six years with Nomura Securities, where he managed trading for securities lending and various strategies in equity products. In 2004, Leone joined Satellite Asset Management, a multi-strategy hedge fund, as head of securities lending and equity derivatives.
Here, he co-managed and traded a special-purpose acquisition company (SPAC) portfolio and worked on Special Situations. He was also responsible for funding Satellite Asset Management’s credit positions through various structures until the fund was unwound in 2008.
In 2010 he joined MUFG where he successfully built out the securities lending and equity derivatives platform. Over his 10 year tenure, he was responsible for managing the securities financing team and their activities until departing in 2021.
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