ConvergEx Beefs Up Its Prime Services Business With New Hires

Aug 9 2010 | 10:39am ET

ConvergEx Group's prime brokerage business, NorthPoint Trading Partners, is beefing up its team with four new hires.

The firm has recently added Michael McLoughlin and Jay Mercier to its electronic execution group, and Raoul Scott and Erik Fuchs to its client serving team. The four are based out of Atlanta. 

“Since joining forces with ConvergEx, we have been signing on new clients at a record rate while continuing to provide the same level of customer service that we are known for throughout the industry," said Douglas Nelson, chief executive officer of ConvergEx’s NorthPoint Trading Partners. "We have been very pleased with this pace and attribute it to the significantly expanded number of ConvergEx technologies that we have made available to our clients.”

McLoughlin joins the firm from Prudential Equity Group, a subsidiary of Prudential Financial; Mercier from YieldQuest Advisors; Scott from ConvergEx’s Eze Castle Software; and Fuchs from Merrill Lynch.

ConvergEx’s NorthPoint Trading Partners provides prime brokerage services to hedge funds, family offices, mutual funds and registered investment advisors. ConvergEx acquired NorthPoint Trading Partners last December, and since that time has been working to expand the offerings available to its prime brokerage clients.


In Depth

Q&A: Neil Azous Talks Global Macro Investing

Nov 24 2014 | 12:41pm ET

Neil Azous is the founder and managing member of Rareview Macro, an advisory firm...

Lifestyle

Griffin Selling Chicago Apartment

Nov 26 2014 | 11:40am ET

Citadel Investment Group’s Kenneth Griffin is making clear to his estranged wife...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

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.