NorthPoint Becomes ConvergEx Prime Services

Dec 2 2011 | 7:58am ET

ConvergEx Group, a leading technology company, has changed the name of NorthPoint Trading Partners to ConvergEx Prime Services.
“Since joining ConvergEx in 2009, our organization has expanded and changed in tremendous ways. The synergies that have been created have made us truly unique in the prime services industry and allowed us to offer our customers differentiated services and powerful technologies that, previously, could only be accessed by the largest institutions,” said Douglas M. Nelson, chief executive officer of ConvergEx Prime Services. “Our new name is a great expression of our company today.”

Nelson and Michael L. DeJarnette, president of ConvergEx Prime Services, will each continue in their respective roles. The business will continue to be based out of Atlanta, Georgia, and all of its clearing and custody arrangements, products, partnerships and projects will continue uninterrupted.
ConvergEx Prime Services provides prime services to hedge funds, family offices, mutual funds, and registered investment advisors.

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