RBC Capital Markets has appointed Marc Fleischman head of hedge fund relationship management within the firm's global trading client management group.
Fleischman, who joined RBC from Citigroup in 2009, was previously managing director and head of hedge fund sales within RBC's rates business.
In his new post, Fleischman will be responsible for advancing RBC Capital Markets' hedge fund practice, identifying client needs and sourcing solutions from across RBC Capital Markets' platform. He will lead a three-person, New York-based team and report to GTCM head Renée DeGagné.
"The creation of this role reflects RBC Capital Markets' commitment to being a leading provider to select hedge fund clients," said DeGagné in a statement. "These clients are an important focal point for the firm. Marc's significant experience in understanding the needs of hedge funds coupled with his strong track record in delivering to them effective solutions positions us well to serve this key client segment."
RBC Capital Markets is the corporate and investment banking arm of the Royal Bank of Canada.