Saturday, 30 July 2016
Last updated 9 hours ago
Mar 31 2009 | 2:02am ET
Hedge fund advisory firm Dexion Capital is adding a market-making business to focus on the proliferation of listed hedge fund products.
Dexion, which runs its own billion-dollar listed fund of hedge funds product, says the new unit will leverage the firm’s existing distribution and research capabilities. It will initially cover about 50 listed funds.
Richard Crawford and Roy Martin will lead the market-making division. Both joined Dexion from JPMorgan Chase.
“We have seen significant growth in listed alternative investment funds in recent years and believe that investors are in need of specialist capital market coverage in this area,” Dexion managing director Ana Haurie said. “Supported by our network of market intelligence and expertise we believe that Dexion is ideally positioned to address this demand. The addition of an experienced market making team to our existing sales and analytical research capabilities enables us to gain a strong footing as a 'first call' niche provider in this sector.”