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

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note