BTIG has hired Steven Stich within its Prime Brokerage division. Stich will be based in the firm’s Dallas, Texas office and report into Matthew Partain, Managing Director and Head of Prime Brokerage Sales. In his new role, Stich will lead BTIG’s Prime Brokerage sales efforts across Texas and the Midwestern region of the US.   “We are excited about Steve joining our team, and look forward to his contributions,” says Justin Press, Managing Director and Co-Head of BTIG Prime Brokerage. “Texas and the Midwest are strategically important markets for BTIG, and we believe that Steve will help us expand our

Hedge fund advisory firm Dynamic Beta investments (DBi), a specialist in the liquid alternatives market, has expanded its management team with the appointment of former AQR Global Head of Execution Douglas Cilento as Chief Operating Officer. Cilento (pictured) joins DBi with an extensive 18-year track record. At AQR, he managed the Trading team responsible for execution and strategy implementation across global markets in all liquid asset classes. His team focused on building automated trading strategies to deliver low-impact trade implementation, operational efficiency and risk reduction, and best-in-class execution.   Prior to AQR, Cilento was the head of electronic FX trading

The Global Blockchain Business Council (GBBC), the leading association for the blockchain ecosystem, has appointed Tom Jessop, president of Fidelity Digital Assets and head of Corporate Business Development at Fidelity Investments, to its board. Jessop’s appointment to GBBC’s board will be formalised at the next general assembly meeting.   In his role as president of Fidelity Digital Assets – Fidelity’s institutional digital asset platform – Jessop (pictured), is responsible for directing the company’s long-term vision to create a full-service enterprise-grade platform for digital assets to service an institutional investor client base. He has additional responsibility as head of Corporate Business Development

CMC Markets Institutional, a provider of liquidity and white label trading solutions, has appointed Ross Newell as Business Development Manager, Institutional Business, in the company’s London office. Newell has almost 15 years of financial services experience and is well known throughout the European institutional foreign exchange and CFD market. Having worked with some of the biggest brokerages in London, Newell has extensive knowledge of institutional foreign exchange and derivative product solutions.   In his new role with CMC Markets, Newell will be working closely with institutional clients across Europe, ensuring that they receive tailored liquidity solutions and are also fully

GPP, a provider of prime brokerage, execution, custody and clearing services to hedge funds, wealth managers and broker-dealers, has appointed Todd Johnson as Chief Operating Officer. Johnson joins GPP having amassed over 25 years of experience in the financial services, fintech and engineering sectors, and will report to the company’s CEO, Julian Parker.   He has held a number of senior buy and sell-side roles, including Head of International Prime Brokerage at Deutsche Bank and Head of European Prime Brokerage at Citi. He later co-founded Ivaldi Capital, a multi-manager hedge fund running USD3 billion when Johnson left his role as

Intertrust in Jersey has appointed David Middleton and Phil Maletroit as client directors in its fund services division. Middleton has joined Intertrust’s private equity team and is a Chartered Accountant and CFA charterholder. He has experience in all aspects of fund administration and completing the full lifecycle of deals, gained whilst working for a venture fund.   In his new role Middleton will ensure the funds team delivers optimal client service by putting in place the right structures, tools and guidance to meet the clients’ needs.   Maletroit has joined Intertrust’s real estate team with 20 years’ experience in Jersey’s

Man GLG, the discretionary investment management business of Man Group, has appointed three portfolio managers within its long-short equity team – Nick Longcroft, Matteo De Paulis, and Julien Sallmard.   Longcroft will be based in Hong Kong and focus on technology, media and telecoms. De Paulis and Sallmard will be based in London and focus on holding company arbitrage and European consumer, respectively. They will each report to Neil Mason, head of European long-short equity at Man GLG.   Longcroft joins Man GLG from Nezu Asia Capital Management, where he was the lead portfolio manager on the Nezu Technology Media

Houlihan Lokey (NYSE:HLI), the global investment bank, has added Christian Keller and Ann Sharkey to the firm’s European Financial Sponsors Group.  These appointments follow the recent arrival of Leon Gillespie, who joined the team in London in October to focus on UK private equity clients. He joined from Canaccord Genuity, where he was Head of Financial Sponsors Coverage.   “As part of the ongoing expansion of Houlihan Lokey’s footprint in Europe, we continue to grow the European Financial Sponsors Group and now have six dedicated senior officers across the region,” says John Mavredakis, Global Head of the Financial Sponsors Group.