BTIG Beefs Up Prime Brokerage Unit

Aug 4 2010 | 9:43am ET

Broker dealer BTIG is expanding its prime brokerage platform with two new hires. Mike McCuin and Adrianne Schulte have joined BTIG and will be working out of the firm's Boston office.

“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,” said Justin Press, co-head of prime brokerage at BTIG.

In his new role, McCuin will work in prime brokerage sales. 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. 

Meanwhile, Schulte will focus on 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,” said 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.


In Depth

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...