BTIG has appointed Concetta Mastrangelo as senior vice president of prime brokerage.
In the newly-created role, Mastrangelo will help enhance BTIG’s family offices effort.
According to BTIG, by building out a specialised team, it is strengthening the resources available to this segment of the market.
BTIG’s prime business is led by Justin Press and Brian Petitt, managing directors and co-heads of BTIG prime brokerage.
Its platform currently supports the needs of more than 330 hedge funds, many of which are family offices.
Petitt said: “Increasingly, family offices are looking to BTIG for our full-service offering. As an institutional prime broker, we provide advanced portfolio reporting, high-touch service, day-to-day trading services and operational support.”
He added: “As a trusted partner, BTIG continues to carve out a unique position in the market as we help family offices of all sizes meet their goals.”
