Meridian Equity Partners Strengthens Prime Brokerage And Execution Services

Sep 15 2009 | 1:00am ET

Meridian Equity Partners is adding to its top ranks with the addition of electronic trading specialist Garrett Nenner, who will serve as managing director of business development and prime brokerage services.

Nenner built the original trading desk for hedge fund Millennium Partners and managed one of the firm’s largest statistical arbitrage portfolios. He has also headed up product development and sales of Lehman Brothers/Townsend RealTick EMS/OMS trading product. Most recently, Nenner was a managing director at Lighthouse Prime Services.

“Garrett has extensive experience and contact within the hedge fund and buy-side communities and has the ability to quickly discern product and clients requirements,” said Robert Akeson, chief executive officer at Meridian. “We believe that with his advanced experience and unique skill set he can help us market the full suite of Meridian products and services to them.”

In addition to its electronic trading platform, Meridian Equity Partners has floor operations on the NYSE, provides prime brokerage services, and offers research, analytics, options trading and business development services to fund management firms and institutional investors.
“Meridian provides a broad range of goods and services to the buy-side community on a highly customizable and à la carte basis,” said Akeson. “As a result, clients can operate on a more variable cost basis, which allows them to focus on what they do best—managing money.” 

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