Gottex Brokers Opens US Office

Oct 22 2012 | 10:51am ET

Switzerland-based Gottex Brokers, a leading interdealer broker in interest rate derivative products, has opened its first U.S. office in Los Angeles.

A new entity, Gottex Brokers Alternative USA, will act as an intermediary between U.S. institutional investors buying and selling secondary interests in hedge funds, private equity funds and real estate funds. It is a subsidiary of Gottex Brokers Alternative which provides brokerage servies to European and other non-U.S. markets.

Said Raphael Moreno, CEO of Gottex Brokers Group, in a statement: “We are very pleased to be expanding into the United States, serving U.S. clients directly on the ground as well as offering our customer base access to this exciting market. Volatility in the secondary markets for alternative investment shares has risen markedly in the past years and we have seen increased demand for investors to rebalance portfolios and to exit illiquid positions.”

GBA USA will be run by Bruno Bardavid, an experienced professional with more than 25 years of experience in financial services. Prior to joining GBA USA Bardavid developed the credit trading markets for Mizuho International and West LB, London.

The U.S. branch will manage relationships with hedge funds, funds of funds, family offices, third-party asset managers, public entities and sovereign wealth funds, private and investment banks, investment advisors and pension funds.


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

Securities and Exchange Commission Chair Mary Jo White will step down as chair of the nation’s Wall Street overseer in January, setting the stage for a potential conservative shift in the regulator’s leadership under the incoming Donald Trump administration.