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: Schroders’ Forest Discusses Multi-Asset Investments On Eve Of U.S. Launch

Jul 17 2014 | 8:05am ET

Global investment manager Schroders has $446 billion in assets under management, $...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

Common Risk Parity Misperceptions

Jul 16 2014 | 11:02am ET

Over the past few years, risk parity has become a component of most investors’...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note