Tuesday, 25 October 2016
Last updated 13 hours ago
Mar 7 2011 | 9:54am ET
Financial services firm BTIG has named Joseph Curro and Robert Hymans as global co-heads of event-driven strategies.
Curro and Hymans have been at BTIG for three years as managing directors specializing in event-driven strategies. They have more than 25 years’ combined experience. Prior to BTIG, they were both at Cantor Fitzgerald and Lehman Brothers before that, where they were instrumental in the development of the risk arbitrage/event-driven desks. Curro began his career at Lehman Brothers in 2000, and Hymans at Bear Stearns in 1993 prior to joining Lehman Brothers in 1996.
“Joe and Bob have been instrumental in establishing BTIG’s Event Driven desk and service,” said Steven Starker, co-dounder of BTIG. “Our clients value and respect their deep knowledge and skills when maneuvering in difficult and volatile trading opportunities.”
BTIG says the appointments are part of its strategy to grow and build its platform in areas where it can add value. The firm’s event-driven team consists of six U.S. employees and three in the U.K., but additional resources will be added over the next six months. The team focuses on hedge funds and mutual funds using arbitrage strategies focusing on mergers and acquisitions, spin-offs, activist situations, bankruptcy, distressed and other special situations.
Founded in 2002, BTIG, including through its affiliates, employs more than 400 professionals in five different countries. BTIG has 10 domestic offices: New York, San Francisco, Dallas, Boston, Chicago, Los Angeles, Greenwich, Red Bank, Norwalk and Orinda. The firm also has four overseas affiliates: London, Hong Kong, Singapore and Sydney.