Bear Names Prime Brokerage Co-Head

Mar 13 2007 | 11:04am ET

Bear Stearns, the leading prime broker by assets in the U.S., has appointed Leonard Feder co-head of that division. Feder, most recently head of structured trading at the Wall Street giant, joins Louis Lebedin, who has headed the prime brokerage business since June.

Feder, who has been with Bear since 1996, also had a stint as head of municipal derivatives, and led Bear’s Tokyo office from 2002 until last year, where he also served as head of fixed-income and derivatives in Asia.

“Lenny brings a great deal of expertise to our market-leading franchise,” Bruce Lisman, co-head of global equities, said. “His addition, coupled with Lou’s knowledge and experience within the prime brokerage sector, creates a formidable team.”

In addition to prime brokerage operations, Feder and Lebedin oversee Bear’s stock lending and equity finance businesses.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note