Cantor Fitzgerald Hires 2 For Prime Services

Mar 8 2012 | 9:36am ET

Financial services firm Cantor Fitzgerald & Co. has beefed up its prime services group with the additions of John Fiore and Marc Young.

Fiore comes to Cantor from Bank of America Merrill Lynch where he served as a director and senior financing salesperson in its prime brokerage group. Prior to this, he worked in securities financing roles at Goldman Sachs.

Young joins Cantor Prime Services from BNP Paribas where he served as vice president helping to expand BNP’s prime brokerage presence in the West Coast. Prior to this, he was a director at UBS Securities where he co-managed over 50 West Coast prime services relationships for the firm. Before this, Young worked at Morgan Stanley’s prime brokerage division and Husic Capital Management.

In their new roles at Cantor Prime Services, Young and Fiore will serve as managing directors of sales responsible for business development and origination for hedge fund clients; Fiore in New York, Young in San Francisco.

Noel Kimmel, senior managing director and global head of prime services at Cantor Prime Services, said in a statement “Cantor Prime Services is committed to meeting each client’s needs with exceptional service and execution. John and Marc have proven track records with deep knowledge and strong relationships within the hedge fund industry and prime brokerage space. Their appointments strengthen our team and help to drive our business forward as we build an even greater market franchise.”


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