BTIG Named Best Prime Broker for Start-Up and Emerging Managers by Hedgeweek’s Americas Awards 2021
New York – October 22, 2021 – BTIG’s Prime Brokerage division has been named the Best Prime Broker for Start-Up and Emerging Managers by Hedgeweek’s Americas Awards 2021. Now in its tenth year, the annual Hedgeweek Americas Awards “recognize excellence among hedge fund managers and service providers in the Americas across a wide range of categories.”
According to Hedgeweek, 41,227 votes were cast in the process to select firms of which 44% were submitted by fund managers, 20% by investors and 36% by service providers. BTIG’s award was announced at Hedgeweek’s awards ceremony on Thursday, October 21, 2021.
“Our Prime Brokerage team is honored by this recognition for our start-up and emerging fund capabilities,” said Brian Petitt, Managing Director and Co-Head of BTIG Prime Brokerage. “The award is a testament to the dedication of our responsive client service team and commitment to helping clients achieve their business objectives.”
“We are incredibly proud of our team and the critical role our employees play in helping clients launch funds and achieve their goals,” noted Justin Press, Managing Director and Co-Head of BTIG Prime Brokerage. “Since the Hedgeweek Americas Awards is a result of a tally of votes from funds and industry peers, it is an especially meaningful acknowledgement of the work we do each and every day.”
BTIG launched its Prime Brokerage platform in 2004 and caters to over 375 clients. 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 700 employees, BTIG, LLC and its affiliates operate out of 19 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, interest rates, credit, and convertible and preferred securities). The firm’s core capabilities include global execution, portfolio, electronic and outsource trading, transition management, investment banking, prime brokerage, capital introduction, corporate access, research and strategy, commission management and more.