BNP Paribas Prime Brokerage Adds HedgeBay Exec.

Jul 20 2010 | 5:46pm ET

BNP Paribas has hired a hedge fund secondary market veteran to boost its equity prime brokerage business.

John Roglieri was named a director at the French bank’s New York office.

“John’s wealth of experience and his strong client relationship will be a valuable addition to the team and play a vital role in the continued growth of our prime brokerage platform,” J.P. Muir, head of prime brokerage sales, said. “Expanding our U.S.-based prime brokerage is a critical part of our global platform, thus we plan to continue to increase in size and stability to achieve this goal.”

Roglieri joins BNP Paribas from HedgeBay Trading, a hedge fund secondary market. He served as head of U.S. secondary market trading at the firm.

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