Global Prime Partners Teams With Deutsche To Serve Emerging Managers

Apr 7 2014 | 4:36am ET

London-based boutique prime brokerage firm Global Prime Partners has appointed Deutsche Bank to provide execution, clearing and custody services for its rapidly expanding client base of emerging managers, family offices and professional traders.

In recent years, banks and many prime brokerages have stopped providing direct services to smaller hedge funds and emerging managers, instead focusing on larger, more lucrative clients. Boutique prime brokerages have stepped in to fill the void, accepting smaller clients, while at the same time teaming up with large brokerages to offer the institutional quality services that small hedge funds now demand. 

Julian Parker, CEO at GPP said: “We are excited to be partnering with another top-rated institution and are already enjoying the operational benefits that Deutsche Bank is providing. We continuously see smaller managers and broker dealers having difficulties gaining access to large, reputable institutions, but through Deutsche Bank, we will be able to provide our clients with this opportunity.”

Deborah Thompson, managing director and global head of direct securities services sales in Deutsche Bank’s global transaction banking, said: “We are delighted to be able to bring our market-leading clearing and custody services to GPP. They have an excellent reputation and we believe Deutsche Bank is the ideal partner for such a dynamic organization.”


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of