Merlin Securities has hired industry veteran Marc Bender as a partner in prime brokerage sales.
Most recently, Bender built a fund of managed accounts platform for Millennium Partners founder Israel Englander, serving as chief operating officer of Lucidity Capital Management. He was also a managing director at Millennium, where he focused on business development and marketing.
From 2005-2008, Bender was a managing director and the chief operating officer of EFX Capital, the asset allocation arm of First New York Securities, a $700 million fund of managed accounts specializing in emerging managers with AUM of under $1 billion. From 2001-2005 he was a partner at First New York.
Bender begins at Merlin on July 19 and will report to senior partner and head of global sales, Ron Suber.
Merlin Securities was founded in 2004 and provides services to more than 450 single- and multi-primed hedge fund managers. The firm has offices in New York and San Francisco. Services include dynamic performance attribution analytics and reporting, seamless multi-custody services, capital development, 24-hour international trading, securities lending and access to the Gerson Lehrman Group’s network of experts.