Thursday, 28 May 2015
Last updated 7 hours ago
Dec 4 2012 | 11:44am ET
Millennium Management chief Israel Englander's derivatives brokerage business has a new head of prime brokerage.
Israel A. Englander & Co. named Fredrick Scuteri a chief operating officer of prime services. He'll serve as co-head of the three-year-old business with Brett Yarkon.
Scuteri joins New York-based IA Englander from Thomson Reuters, where he was global head of the hedge fund strategy group. He formerly served as head of prime brokerage at Cuttone & Co.
"We are extremely excited to bring in a person with Fred's vast experience and deep knowledge," CEO Stephen Tobias, who co-founded IA Englander in 1977 with Englander, said. "As we continued to expand our capabilities, Fred will be growing our product offering and streamlining the operational workflow."
Englander remains a passive minority investor in IA Englander.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by partcipating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…