Israel A Englander's Managed Accounts & Prime Services (MA&PS) has expanded its sales and business development team.
MA&PS is a technology platform offering solutions for emerging hedge fund managers and investors.
MA&PS has appointed Bob Chicoine, Harry Freda and Nick Rizzi as managing directors who will be responsible for selling the firm's managed accounts and prime brokerage services to both hedge fund managers and investors. Chicoini, Freda and Rizzi, who are former employees of Cantor Fitzgerald and PCS Dunbar, will be joining the firm's existing sales team.
Stephen Tobias (pictured), president and chief executive of Israel A Englander, says: "We are very fortunate to have Bob, Harry and Nick join the MA&PS team at a time of strong industry demand for managed account solutions platforms from both early-stage hedge fund managers and investors. With these appointments, we now have a group of experienced and knowledgeable professionals who will be serving a market that requires our best-of-breed technology solutions that are designed to increase alpha performance and minimize operational and infrastructure costs."
Rizzi says: "I am excited to be given the opportunity to play a key role in the growth of MA&PS. While there are a number of managed account solutions platforms in the marketplace today, it's my opinion that none is as technologically advanced and offers the level of services as MA&PS which will significantly benefit the alternative investment community."