Cantor Fitzgerald has named two managing directors of sales for its Prime Services Group. Both John Fiore and Marc Young will be responsible for business development and origination for hedge fund clients. In a joint statement, the two newcomers expressed their hope to be part of a growth story at Cantor Prime Services because “the mid-market hedge fund space continues to be underserved by investment firms.”

Noel Kimmel, senior managing director and global head of Prime Services tells On Wall Street that this is a growing segment of the market and Cantor is uniquely positioned to service it. “These mid-tier funds, in some cases, were jettisoned by their service providers at the worst possible time,” he says, “resulting in a general lack of trust.”

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access