BTIG Named Best Prime Broker by Hedgeweek
New York – November 2, 2022 – BTIG’s Prime Brokerage division has been named the Best Prime Broker by Hedgeweek’s Americas Awards 2022. Now in its eleventh year, the annual Hedgeweek Americas Awards “recognize excellence among hedge fund managers and service providers in the Americas across a wide range of categories.”
Hedgeweek partnered with Bloomberg, who provided the list of select fund managers, using a clearly defined methodology, to participate in the voting process. According to Hedgeweek, over 29,000 votes were cast in the process to select firms of which 38% were submitted by managers, 24% by investors and 38% by service providers. BTIG’s award was announced at Hedgeweek’s awards ceremony on Thursday, October 27, 2022.
“This is our third consecutive year receiving an award from Hedgeweek for our Prime Brokerage business. It is truly a testament to our team’s dedication to providing high-quality service and differentiated solutions to our clients,” said Justin Press, Managing Director and Co-Head of BTIG Prime Brokerage.
“We are honored by the continued recognition from fund managers, investors and service providers in our industry,” said Brian Petitt, Managing Director and Co-Head of BTIG Prime Brokerage. “We are so proud of our team as well as our BTIG partners in Capital Introduction and Outsource Trading that help us support the evolving needs of our clients, fostering true partnerships to help clients achieve success.”
BTIG Prime Brokerage offers solutions for hedge funds, family offices and separately managed accounts. Clients directly benefit from the extensive operations, systems and trading experience of their seasoned team of professionals in New York, San Francisco and Dallas. BTIG’s Prime platform provides Outsource Trading, sophisticated portfolio reporting, access to the firm’s Capital Introduction team, and custody and clearing through fully disclosed introducing broker relationships with both Goldman Sachs & Co. LLC and Pershing LLC, a BNY Mellon company.
BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services. With an extensive global footprint and more than 750 employees, BTIG, LLC and its affiliates operate out of 23 cities throughout the U.S., and in Europe, Asia and Australia. BTIG offers execution, expertise and insights for equities, equity derivatives, ETFs and fixed income, currency and commodities (futures, commodities, foreign exchange, interest rates, credit, and convertible and preferred securities). The firm’s core capabilities include global execution, portfolio, electronic and outsource trading, investment banking, prime brokerage, capital introduction, corporate access, research and strategy, commission management and more.