BTIG Named Best Prime Broker Overall by Hedgeweek’s US Awards 2023
New York – November 7, 2023 – BTIG’s Prime Brokerage division has been named the Best Prime Broker Overall by Hedgeweek’s US Awards 2023. Now in its twelfth year, the annual Hedgeweek US Awards “recognize excellence among hedge fund managers and service providers in the US 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 24,000 votes were cast in total with 40% of those coming from Managers, 25% Investors/Allocators and 35% from Service Providers. BTIG’s award was announced at Hedgeweek’s awards ceremony on Thursday, October 26, 2023.
“This is the fourth consecutive year our Prime Brokerage business has received an award from Hedgeweek. We are honored that our team continues to receive industry-wide recognition from fund managers, investors and service providers,” said Justin Press, Managing Director and Co-Head of BTIG Prime Brokerage.
“We are so proud of our team’s unwavering commitment to providing high-quality service and differentiated solutions to our clients,” said Brian Petitt, Managing Director and Co-Head of BTIG Prime Brokerage.
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 20 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.