Jon Karis joins Conifer Securities as director of prime brokerage
Conifer Securities, a hedge fund service provider and prime broker, has announced that Jon Karis has joined the firm as director of prime brokerage services.
Karis was recently a top executive at Morgan Stanley's prime brokerage unit.
'Jon's expertise will help us build a new web-based prime brokerage reporting platform, augmenting the client reporting experience through improved management of counter-party risk associated with establishing new lending partners,' says Richard Del Bello, senior partner of Conifer Securities. 'We're seeing a significant increase in demand for our services from hedge funds and their investors who are seeking enhanced transparency and risk management programmes. Conifer is uniquely positioned to meet this growing demand.'
Karis adds: 'Conifer's strategic growth plan requires us to be innovative in product and service development while maintaining our intense focus on client service. We have created new products to differentiate Conifer and increase our business opportunities while staying close to the core principles that have driven our success.'
In his tenure at Morgan Stanley, Karis focused on sales, client relationships and development of the firm's well-known client centric technology platforms. Most recently he served as an executive director at Morgan Stanley, where he materially contributed to building out a multi-asset class prime brokerage platform.
Prior to working in the prime brokerage area at Morgan Stanley, Karis spent a year with Lehman Brothers where he worked as a traders assistant on the convertibles trading desk, and four years with ADP.
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