The TRADE

SEPTEMBER 5, 2024

A Citadel equity trader and senior associate has left the firm to join Ilex Capital, The TRADE can reveal. According to an update on his social media, Jack Boland has joined Ilex Capital in a US equity trading and global equity capital markets role. The post Citadel trader joins Ilex Capital appeared first on The TRADE.

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Capital Portfolio Management Capital Market Equities 89

The TRADE

SEPTEMBER 29, 2023

Balyasny Asset Management has appointed Harrison Chesterton as associate director within its equity finance trading division, The TRADE can reveal. The post Balyasny Asset Management names new associate director of equity finance trading appeared first on The TRADE.

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Asset Management Finance Finance Equities 64

The TRADE

JUNE 29, 2023

Liquidnet’s co-head of trading for EMEA, James Kirk, has departed for pastures new, The TRADE can reveal. He departs after spending the last two years as Liquidnet’s co-head of EMEA trading, according to an update on social media. When I joined, we were doing only a handful of trades a day on the execution desk.

Trading 59

Trading Media Portfolio Equities 59

The TRADE

JULY 7, 2023

James Kirk has joined independent outsourced trading services provider Tourmaline Partners as managing director, according to an announcement on social media. The post Tourmaline hires former Liquidnet co-head of EMEA trading appeared first on The TRADE.

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Trading Media Equities Portfolio 59

The TRADE

FEBRUARY 7, 2024

Macquarie Group has appointed Dylan Kluth head of equites trading for Asia Pacific, The TRADE can reveal. Kluth has been promoted to the role after serving as portfolio manager/analyst at the firm over the last two years. Before joining Macquarie, Kluth spent nine years at AMP Capital, serving in a variety of senior positions.

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Equities Trading Portfolio Management Media 64

The TRADE

JULY 3, 2023

Barclays selected an internal candidate and a new hire from BNP Paribas to become its new co-heads of G10 FX trading. New co-heads Torsten Schöneborn and Jerry Minier will be London-based, reporting to Michael Lublinsky, global head of macro, according to an internal memo seen by The TRADE. His next role is unconfirmed.

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Trading Investment Banking Banking Bank 64

The TRADE

AUGUST 1, 2024

Initially during her tenure at BNY Mellon, she served as an assistant portfolio manager, fixed income. Following this, Lambert was promoted to portfolio manager, fixed income for just over five years. The post Fidelity Investments taps MFS Investment Management for new senior trader appeared first on The TRADE.

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The TRADE

MARCH 22, 2024

Millennium has appointed You Khai Tan as senior trader, based in Singapore, The TRADE can reveal. Most recently, Tan held a global portfolio trading position, which included trading global equities with strategy implementation via algorithms, crossing networks and global portfolio trading desks.

Trading 69

Trading Portfolio Asset Management Equities 69

The TRADE

OCTOBER 24, 2024

Read more: Kepler Cheuvreux head of equity sales trading departs Akar has also previously served as an associate, equities strategy, at quantitative investment management firm Winton. The post Unigestion trader joins Kepler Cheuvreux appeared first on The TRADE.

Portfolio Management 59

Portfolio Management Investment Manager Equities Media 59

OfficeHours

MAY 16, 2023

Hedge funds are significant players in financial markets given the size of their capital bases and the frequency of their trading. One widely cited estimate is that hedge funds account for around 5-6% of total equity trading volume in the US. Short selling can increase liquidity by increasing the supply of shares available for trading.

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Financial Market Funds Risk Management Trading 130

The TRADE

MARCH 19, 2024

Read more: Saudi Exchange makes push into algo and high frequency trading In a social media post Noelle Al-Jaweini, acting chief of derivatives, congratulated Yazaid H. The post Saudi Exchange welcomes Merrill Lynch to growing list of market makers appeared first on The TRADE.

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Trading Capital Market Media Portfolio 69

The TRADE

APRIL 17, 2024

Global asset manager Robeco leverages a low touch and high touch trading team that spans across three continents. And, like most asset managers across the street, its global equity trading desk plays host to a variety of characters, each bringing their own individual string to the wider team’s bow.

Trading 59

Trading Equities Asset Management Portfolio Management 59

TechCrunch: M&A

AUGUST 2, 2023

RingCentral, which competes with conferencing services like WebEx, Zoom and GoogleMeet, is publicly traded and has a market cap of just under $4 billion — ironically, significantly smaller than Hopin’s last private valuation. It will be using the new assets to further diversify its business.

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Business Valuation IT Acquisitions 227

The TRADE

JULY 25, 2024

Ninety One trader Tom Nickalls is set to leave the asset manager after 11 years to join Morgan Stanley, The TRADE can reveal. According to an update on social media, Nickalls will join the sell-side next month in an emerging markets credit role. He was recognised as a Rising Star of Trading and Execution at Leaders in Trading in 2021.

Asset Management 52

Asset Management Trading Media Portfolio 52

The TRADE

AUGUST 5, 2024

Jamie McKenna was appointed vice president, senior global equity trader at State Street Global Advisors (SSGA) following almost two decades at GMO trading. Boston-based McKenna joined GMO in 2004 as a pricing analyst, and most recently worked in a multi-asset trading role for 15 years.

Capital Market 64

Capital Market Investment Capital Portfolio Management 64

The TRADE

OCTOBER 2, 2023

RBC appointed two former Credit Suisse senior algorithmic trading individuals to join its low touch electronic sales and trading team. Also appointed to the low touch sales and trading team at RBC is Suzanne Webster, who joined as a multi-asset director. He joined from Luminex where he most recently served as head of sales.

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Asset Management Management Sale Capital Market 64

The TRADE

DECEMBER 21, 2023

This realisation became one of the catalysts which has sparked more of an acceptance of outsourcing parts of the trading desk among buy-side firms, something which many once considered – though some still do – an unthinkable concept. Outsourced trading is no longer a taboo topic. It’s no longer all or nothing.

Trading 64

Trading Management Funds Asset Management 64

OfficeHours

AUGUST 25, 2023

For example, just recently, a group of private credit funds provided a loan of over $5 billion to help refinance the capital structure of Finastra, a portfolio company of private equity firm Vista Partners. You can also check our various course curriculums for different careers (i.e. investment banking, private equity , VC, etc.)

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Private Equity Equities Debt Finance 130

The TRADE

JULY 29, 2024

David Kirk is set to join Millennium, following almost three and a half years at Marble Bar Asset Management where he most recently served as a trader, The TRADE understands. According to an update on social media, Nickalls will join the sell-side next month in an emerging markets credit role.

Asset Management 64

Asset Management Equities Trading Sale 64

The TRADE

JANUARY 29, 2024

Virtu Financial has appointed Simon McGhee in an exchange-traded product (ETP) and fixed income sales role, The TRADE can reveal. Barriball and Harman hold ETF and portfolio trading, and ETF sales and trading roles at Virtu Financial, respectively.

Sale 40

Sale Portfolio Trading Capital 40

The TRADE

JANUARY 8, 2024

Industry stalwart Dan Hinxman joined Bloomberg as head of European credit electronic trading following almost six years as managing director at TP ICAP. His experience also encompasses hedge fund related roles, including futures and options trading and work on a fixed income desk.

Asset Management 64

Asset Management Equities Investment Manager Sale 64

The TRADE

SEPTEMBER 18, 2023

According to an update on his social media, Federico Grasso has joined BlackRock’s Aladdin as vice president in engineering solutions after spending the last year at FlexTrade, in a pre-sales role for its buy-side order management system business, FlexONE.

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Banking Bank Stock Equities 64

The TRADE

JULY 8, 2024

According to an update on his social media, Mair joined hedge fund and systematic trading platform Schonfeld as an equity trader dealing with long and short strategies. The post People Moves Monday: Schonfeld, Goldman Sachs, ABN AMRO Clearing Bank and more… appeared first on The TRADE.

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Bank Banking Asset Management Equities 64

The TRADE

JULY 24, 2023

Head of Europe for UK-based asset manager Federated Hermes, James Rutherford, has stepped down from his role to pursue a technology venture, The TRADE can reveal. He departs following a 35-year long career in investment management, spending 19 years at Fidelity Investments as a European portfolio manager until 2006.

Investment Manager 52

Investment Manager Management Investment Portfolio Management 52

Mergers and Inquisitions

OCTOBER 4, 2023

Everyone was locked up inside, and many turned to day trading for entertainment and money (in between binge-watching shows on streaming services). We never understand why these billionaires cared about GameStop or Redditors so much, given everything else in their lives and portfolios. I wrote many articles about it.

Finance 105

Finance Finance Retail Entertainment 105

Mergers and Inquisitions

MARCH 13, 2023

Insufficient/No Hedges – Rather than hedging their entire MBS portfolio with interest-rate swaps, the bank had… no swaps at all as of the end of 2022 ( oh, and no Chief Risk Officer, either ). billion loss on a $21 billion portfolio. So, as the Fed hiked rates in 2022 into 2023, all these securities lost value. Is It a Bailout?

Banking 123

Banking Bank Funds Government 123

OfficeHours

AUGUST 9, 2023

Private equity involves investing capital directly into private businesses that are not publicly traded on stock exchanges (that would be a hedge fund). You must be able to consider long-term goals, assess risk, and craft plans to enhance the value of portfolio companies. investment banking, private equity , VC, etc.)

Private Equity 130

Private Equity Equities Investment Banking Investment 130

OfficeHours

JANUARY 26, 2024

Buyout houses from Thoma Bravo to Permira are putting portfolio company sales high on the agenda for early 2024, as the industry seeks to return money to investors after a challenging period for exiting holdings. First, they want to earn. There aren’t many parties willing and able to support the amount of margin improvement that we are.”

Private Equity 130

Private Equity Equities Mergers and Acquisitions Investors 130

OfficeHours

JULY 11, 2023

On that note though — if diversity events are starting though… You know On-Cycle is around the corner here… Questions I would ask if I was an Analyst in an in-person diversity session: I just saw X deal happen, new portfolio company — were you involved with that? Are add-ons trading cheaper than what you’ve seen in the past?

Investment Banking 130

Investment Banking Banking Bank Middle Market 130

OfficeHours

AUGUST 20, 2023

Private equity involves investing capital directly into private businesses that are not publicly traded on stock exchanges (that would be a hedge fund). You must be able to consider long-term goals, assess risk, and craft plans to enhance the value of portfolio companies.

Private Equity 130

Private Equity Equities Investment Banking Finance 130

Midaxo

APRIL 25, 2023

Customer base: Consider companies with a customer base that complements or expands your company’s existing client portfolio. Conglomerate mergers: Acquiring companies in unrelated industries to diversify your company’s portfolio or reduce risk. Ensure that these messages align with your overall communication objectives.

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M&A Consulting Mergers and Acquisitions Valuation 130

The TRADE

OCTOBER 18, 2024

“Year-to-date, we’re seeing for the first time in many years a notable uptick in new fund launches and spin outs from bigger places,” says Jack Seibald, managing director, co-head of Marex prime services and outsourced trading. They are now trading in all these other asset classes. billion in 2023.

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Funds Broker Banking Bank 69

Intrepid Banker Insights

MARCH 28, 2023

On a macro level, weakness in publicly traded companies’ share pricing and multiples in one’s sector give insight into how investors are viewing the future, given the forward-looking nature of the stock market.

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Capital Advisory Banking Bank 52

Lake Country Advisors

AUGUST 28, 2024

Understanding the strategic objectives of potential buyers can help you identify those who see your business as a valuable addition to their portfolio. Enhance visibility through targeted social media campaigns on LinkedIn and Facebook, focusing on groups and forums related to your industry.

Business 52

Business Sale Valuation Manufacturing 52

Mergers and Inquisitions

SEPTEMBER 11, 2024

Per FTI Consulting , solar, wind, and “portfolio” (mixed asset) deals account for 60% of renewable M&A activity in the U.S.: So, even if you’re advising entire companies, you must still be familiar with asset-level modeling and valuation and how an entire portfolio works. What Do You Do as an Analyst or Associate?

Investment Banking 59

Investment Banking Banking Bank Investment 59

Growth Business

SEPTEMBER 13, 2023

Investment range: £50,000 – £3m Sectors: fintech, insurtech, regtech, digital health and medical technology, artificial intelligence and machine learning, consumer services, digital media, semiconductors and displays, cybersecurity, enterprise software, autonomous systems and human computer interfaces, novel materials and quantum technology.

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Capital Business Funds Investment 52

Software Equity Group

APRIL 4, 2023

Refined Target Audiences As the business organically grew and we added acquisitions to our portfolio, the marketing team needed to refine its target audience and identify our ideal customer profile (ICP) for new segments. If you want to learn more about GTM best practices, sign up for our live webinar on April 20 th.

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Sale Book-building Business M&A 52