Thursday, 23 October 2014
Last updated 15 hours ago
Oct 25 2012 | 12:01pm ET
Hedge fund EQI Asset Management is leaping into the securities lending business with a new hire.
The three-year-old firm has added Ben Sofoluwe to develop the new business line. Sofoluwe is the former European head of client financing at Deutsche Bank, which he left earlier this year. He started at London-based EQI on Monday.
"Sofoluwe will further establish and develop EQI's securities lending business as we continue to increase assets under management, having had three successful years," EQI trading chief Steve Smith told Financial News.
EQI has some $250 million in assets and is led by Merrill Lynch and Goldman Sachs veteran Salim Mohamed.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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