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

Q&A: Jeff Eaton Talks Capital Raising, CalPERS And The Secondaries Market

Oct 14 2014 | 10:16am ET

Global placement agent Eaton Partners has raised close to $60 billion for some of...

Lifestyle

MacDonald-Korth Offers Insights Into Paintings Bought, Sold By Hedgies

Oct 7 2014 | 9:00am ET

Definitive and complete ratings require an in-person examination of an artwork,...

Guest Contributor

PAAMCO: European Equity Exposure - Challenging Year, But All is Not Lost

Oct 16 2014 | 4:12am ET

European equity hedge fund managers have had a tough time so far this year. The...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

October 2014 Cover

Deeply flawed risk benchmark

Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.