Cantor Creates Private Markets Biz.

Oct 7 2011 | 10:05am ET

Cantor Fitzgerald has jumped into the alternative investments secondary market with a new business brokering the sale of such stakes and other private securities.

The new unit, the Cantor private markets group, will offer clients the opportunity to buy and sell private equity and hedge fund interests, private company stock and private real estate investment trusts, among others. The new business will be run by Michael Guzman, who remains a member of Cantor's corporate and venture services group.

"Without question, Cantor is uniquely positioned to expand our already diverse offering within the private securities marketplace," Shawn Mattews, Cantor CEO, said. "With years of experience working with the institutional investment community, our traders are unparalleled in their ability to source and place securities on behalf of our customers, particularly in this challenging financing market. Providing a path to liquidity for private companies and shareholders underscores our commitment to continually serve the needs of our clients across all types of securities. We believe Cantor will benefit accordingly from our responsiveness to our clients' interest in this rapidly growing marketplace."


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Sponsored Content

Editor's Note