MA&PS Opens Palm Beach Office

May 13 2013 | 10:24am ET

Millenium Management chief Israel A. Englander's Managed Accounts & Prime Services division has opened an office in Palm Beach County, Florida.

Brett Langbert, who recently joined MA&PS from HedgeCo Networks as managing director and head of sales, will be in charge of the new office, dividing his time between it and MA&PS’ New York office. MA&PS also has an office in Santa Monica, California.

Palm Beach County, with its business-friendly climate (and lack of a state income tax) is becoming something of a haven for hedge funds.

“Palm Beach County is an ideal location for MA&PS to expand its operations because it’s a region that is in need of the services that we offer to the alternative asset community,” said I.A. Englander President Stephen Tobias. “We anticipate that more hedge funds and investors will relocate to this area which presents a terrific opportunity for MA&PS to significantly grow its client base in this dynamic business environment.”    

MA&PS provides multi-prime brokerage services for the small and mid-cap hedge fund community and investors.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain Capital: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of