BTIG Names Joseph Curro and Robert Hymans As Global Co-Heads of Event Driven Strategies
New York – March 7, 2011 – BTIG LLC, a global financial services firm specializing in institutional trading and related brokerage services, today announced it has named Joseph Curro and Robert Hymans as Global Co-Heads of Event Driven Strategies.
These appointments are part of BTIG’s strategy of growing and building its platform in areas where it can add superior value and service to its clients. Together, Curro and Hymans will lead the Event Driven Team and focus on its continued growth across BTIG’s global platform. The Event Driven Team includes six people in the U.S. and three in London, including analysts focusing on special situations. The team plans to add additional resources over the next 12 months.
“As the economic and corporate environment improves, we have seen a considerable uptick in M&A activity and expect to see substantial deal flow, special situations and other corporate activity in 2011, all of which will create opportunities for our clients,” Curro said. Hymans went on to add, “Our team has superior knowledge and experience identifying these event-driven opportunities, and we feel we add unmatched value to our clients.”
Curro and Hymans have been at BTIG for three years as Managing Directors specializing in event-driven strategies. They have more than 25 years of combined experience. Prior to BTIG, they were both at Cantor Fitzgerald and Lehman Brothers before that, where they were instrumental in the development of the Risk Arbitrage/Event Driven Desks. Curro began his career at Lehman Brothers in 2000, and Hymans at Bear Stearns in 1993 prior to joining Lehman Brothers in 1996.
“Joe and Bob have been instrumental in establishing BTIG’s Event Driven desk and service,” said Steven Starker, Co-Founder of BTIG. “Our clients value and respect their deep knowledge and skills when maneuvering in difficult and volatile trading opportunities.”
BTIG’s Event Driven Team caters to hedge funds and mutual funds that use arbitrage strategies focusing on mergers and acquisitions, spin-offs, activist situations, bankruptcy, distressed, and other special situations.
About BTIG
BTIG LLC is a premier institutional brokerage and fund services company. BTIG continues to build its global franchise around a broad and experienced group of professionals who are leaders and experts in their respective fields. Founded in 2002, BTIG, including through its affiliates, employs more than 400 professionals in five different countries. BTIG serves customers from all over the world and offers services in 11 areas: Equity Trading, Fixed Income, Futures Trading, Convertible Securities, Equity Derivatives, Prime Brokerage, Outsource Trading, Direct Market Access, Capital Markets, Equity Research and Corporate Access. BTIG has ten domestic offices: New York, San Francisco, Dallas, Boston, Chicago, Los Angeles, Greenwich, Red Bank, Norwalk and Orinda. The firm also has four overseas affiliates: London, Hong Kong, Singapore and Sydney.
BTIG LLC is a member of FINRA and SIPC
BTIG Australia Limited ACN 128 554 601 is a member of ASIC and ASX
BTIG Hong Kong Limited, Exchange Participant of SEHK, licensed and regulated by the SFC
BTIG Ltd is a member of the LSE and is authorized and regulated by the FSA
BTIG Singapore Pte. Ltd is registered and licensed with MAS
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