Quant EMS Nabs Ex-Citi Execution Exec.

Feb 24 2012 | 4:27am ET

Hedge fund hotel Quant EMS has snagged a casualty of the recent cuts at Citigroup's investment bank.

Paul Kelly has joined Quant EMS as director of business development. He is charged with building the mini-prime's client base in Europe.

Kelly left Citi in December after serving as head of the bank's European wholesale execution services unit.

"We’re excited to have Paul join the team and he’ll help us to capitalize on the growing interest we’re seeing from smaller proprietary trading houses, brokers and hedge funds from across Europe," CEO Jerry Lees told Financial News. "These firms are able to operate under our FSA-licence, and by aggregating activity from these we are able to bring them wholesale-level benefits across execution, clearing and other brokerage services."

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…