Wall Street veteran to lead firm's business development initiatives
NEW YORK, April 15, 2013 /PRNewswire/ — Israel A. Englander's Managed Accounts and Prime Services (MA&PS) division, a new and innovative platform providing customized solutions to small to mid-sized hedge funds and other participants in the alternative investment industry, today announced the appointment of Wall Street veteran Brett Langbert as Managing Director for the firm, where he will be responsible for directing sales & distribution.
Prior to joining MA&PS, Mr. Langbert was President and COO of HedgeCo Networks and President of HedgeCo Securities. At HedgeCo Networks, he was responsible for HedgeCo.Net, the most trafficked Internet database for hedge fund content and performance. At HedgeCo Securities, Mr. Langbert managed a broker dealer that performed prime broker services, capital introduction and third-party marketing.
Before HedgeCo, Mr. Langbert had a long and successful career on Wall Street, which included senior-level positions at global investment banking firms. Prior to joining HedgeCo, Mr. Langbert worked at UBS, where he served as managing director and head of prime brokerage sales for the Americas region. He was responsible for origination and distribution of a platform that oversaw prime brokerage of 750 institutional accounts across the U.S., Canada, Mexico, Latin America and South America.
Earlier, Mr. Langbert was a managing director at Morgan Stanley, where he co-managed sales trading for the Americas region and was responsible for the firm's merger arbitrage and capital structure arbitrage. Also during his tenure at the firm, he spearheaded a joint venture for cross-selling between equities and credit investors and segmented the firm's institutional distribution business.
He began his Wall Street career at Goldman Sachs, where he was a cash sales trader and later managed parts of the firm's convertible arbitrage business and ultimately ran a volatility desk.
Commenting on Mr. Langbert's appointment to MA&PS, Stephen Tobias, President and CEO of Israel A. Englander & Co. LLC, said, "We are extremely pleased that someone of Brett's caliber shares our vision and has joined the MA&PS team. The breadth of his experience and expertise in the institutional investment community will provide an excellent fit to MA&PS' expanding presence in the industry."
"Mr. Langbert added: "I am delighted about the opportunity to work with IA Englander and specifically the MA&PS platform. This business is a dynamic, cost effective, streamlined and innovative solutions provider for both investors and hedge funds that doesn't exist in the market place."
For more information about MA&PS, please visit www.iaenglander.com.
About MA&PS
I.A. Englander's Managed Accounts and Prime Services division (MA&PS) is the premier provider of value added multi-prime brokerage services for the small and mid-cap hedge fund community and investors. MA&PS offers a customizable platform with cutting-edge technology for risk management and reporting tools supported by experienced professionals delivering competitively priced concierge/white-glove services and support.
About Israel A. Englander & Co.
I. A. Englander was founded in 1977 as a partnership on the American Stock Exchange (AMEX) and a floor brokerage "boutique." Today, Englander's core options execution business represents a significant share of the daily traded contracts on the NYSE AMEX and the Chicago Board Options Exchange (CBOE). Dedicated to providing a true value add to its institutional customers, the firm leverages deep rooted relationships, leading edge technology solutions, and high touch service to optimize the client experience.
The firm continues to have a significant presence on the floor of the NYSE Amex and CBOE being strategically positioned to provide clients with direct access to market liquidity.
I.A. Englander is a FINRA and SIPC member.
For additional information, contact:
Marc Weinstein
Spotlight Financial Marketing
For I.A. Englander MA&PS
(212) 521-5902
Email