BTIG Continues Prime Brokerage Expansion
05 August 2010 Boston
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BTIG LLC, a broker dealer specializing in institutional trading and related brokerage services, today announced the continued expansion of its Prime Brokerage platform with the addition of key hires in sales and relationship management. Mike McCuin and Adrianne Schulte have joined BTIG to broaden its Prime Brokerage offering. They join BTIG's Boston office that already includes 12 professionals focused on Equity & Fixed Income Trading.
"We view Boston as an important strategic market. Having a local presence is vital to our success and demonstrates BTIG's commitment to the Boston investment community" commented Justin Press, Co-Head of Prime Brokerage at BTIG.
McCuin joins BTIG's Boston office in Prime Brokerage Sales. He brings nearly 10 years of experience in Prime Brokerage, Sales and Trading. Most recently, McCuin was in business development at Kaufman Rossin Fund Services. Prior to Kaufman Rossin, McCuin held positions at JP Morgan Prime Brokerage and CIBC World Markets.
Schulte joins BTIG's Boston office in Prime Brokerage Relationship Management. Most recently, Schulte was in Client Services at JP Morgan Prime Brokerage in New York. Prior to JP Morgan, Schulte was at Gemini Fund Services.
"Given the number of hedge funds in Boston right now and the expected new launches in the next few years, we think now is the time to add dedicated Prime Brokerage staff here," added Dan Patterson, Managing Director and Head of BTIG's Boston office. "We expect new funds will be started by professionals currently at the larger institutions we cover in Boston and we are well positioned to become a strategic partner to them as they go through the start-up phase of their next venture."
BTIG's Prime Brokerage division was launched in January 2004 and caters to start-up and existing equity & fixed income hedge funds. The division has offices in New York, San Francisco, Dallas and Boston.
"We view Boston as an important strategic market. Having a local presence is vital to our success and demonstrates BTIG's commitment to the Boston investment community" commented Justin Press, Co-Head of Prime Brokerage at BTIG.
McCuin joins BTIG's Boston office in Prime Brokerage Sales. He brings nearly 10 years of experience in Prime Brokerage, Sales and Trading. Most recently, McCuin was in business development at Kaufman Rossin Fund Services. Prior to Kaufman Rossin, McCuin held positions at JP Morgan Prime Brokerage and CIBC World Markets.
Schulte joins BTIG's Boston office in Prime Brokerage Relationship Management. Most recently, Schulte was in Client Services at JP Morgan Prime Brokerage in New York. Prior to JP Morgan, Schulte was at Gemini Fund Services.
"Given the number of hedge funds in Boston right now and the expected new launches in the next few years, we think now is the time to add dedicated Prime Brokerage staff here," added Dan Patterson, Managing Director and Head of BTIG's Boston office. "We expect new funds will be started by professionals currently at the larger institutions we cover in Boston and we are well positioned to become a strategic partner to them as they go through the start-up phase of their next venture."
BTIG's Prime Brokerage division was launched in January 2004 and caters to start-up and existing equity & fixed income hedge funds. The division has offices in New York, San Francisco, Dallas and Boston.
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