FBR Capital Markets Snags Shoreline Prime Brokerage Team

Aug 31 2009 | 8:53am ET

Investment bank FBR Capital Markets is getting in on the prime brokerage game. The firm has hired a veteran team from Shoreline Trading Group to form the core of the new initiative, which will utilize J.P.Morgan Clearing Corp. as custodian and clearing agent.

FBR Capital Markets' new prime brokerage unit, which is based in New York, will be led by Michael Murray, managing director and head of prime brokerage services, and Matthew Ventura, managing director and head of prime brokerage operations. Joining them are Paul Havens and Donald Marigliano, both as senior vice presidents, prime brokerage sales. The four hail from Shoreline Trading Group.
 
"With our new team, FBR Capital Markets has created the most complete and attractive introducing prime brokerage service available," said Richard Hendrix, president and CEO of FBR Capital Markets. "We can offer clients first-class customer service, a comprehensive portfolio of equity and debt capital markets solutions, and the peace of mind that comes with having access to a leading clearing agent.”

FBR Capital Markets provides investment banking, merger and acquisition advisory, institutional brokerage and research services through its subsidiary FBR Capital Markets & Co. FBR Capital Markets focuses capital and financial expertise on seven industry sectors: consumer; diversified industrials; energy & natural resources; financial institutions; insurance; real estate; and technology, media & telecom. Asset management services are provided by FBR Investment Management, and mutual funds are provided by FBR Fund Advisers. FBR Capital Markets is headquartered in the Washington, D.C. metropolitan area with offices throughout the United States and in London.


In Depth

Q&A: Jeff Eaton Talks Capital Raising, CalPERS And The Secondaries Market

Oct 14 2014 | 10:16am ET

Global placement agent Eaton Partners has raised close to $60 billion for some of...

Lifestyle

MacDonald-Korth Offers Insights Into Paintings Bought, Sold By Hedgies

Oct 7 2014 | 9:00am ET

Definitive and complete ratings require an in-person examination of an artwork,...

Guest Contributor

PAAMCO: European Equity Exposure - Challenging Year, But All is Not Lost

Oct 16 2014 | 4:12am ET

European equity hedge fund managers have had a tough time so far this year. The...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

October 2014 Cover

Deeply flawed risk benchmark

Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.