London Brokerage Targets Hedge Fund With N.Y. Office

Oct 8 2012 | 11:26am ET

Boutique brokerage and research shop United First Partners aims to expand it hedge fund client base with its first office in North America.

UFP already has five staffers at its New York office, including co-founder Michael Hadjedj, and its first strategic partnership, with Goldman Sachs Execution and Clearing.

"It's an exciting time for us," Hadjedj said. "The New York office and expanding sales team will provide United First Partners with the broader platform needed to build on its success to date in the European markets."

In addition to Hadjedj and head trader John Wheelhouse, both of whom have relocated from London, UFP has hired former Bear Stearns and JPMorgan Chase risk-arbitrage specialist Adam Theriault, former Fidelity and Tullett Prebon employee Craig Johnson as a sales trader and Jennifer Donaker, formerly of Thompson Hine, as legal specialist. The firm, which focuses on event-driven, relative value and special-situations strategies, also expects to hire more as it grows.


In Depth

Q&A: George Schultze On His Fund's Unique Approach to Distressed Investing

Apr 16 2015 | 1:01am ET

George Schultze is a managing member of Schultze Asset Management, a long/short...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Minnesota Supreme Court Rejects The Ponzi Scheme Presumption: Lenders Claw Back Some Of Their Own Rights

Apr 17 2015 | 9:23am ET

A recent court ruling in Minnesota has put an end to the Ponzi Scheme Presumption...

 

Editor's Note