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People moves news

BTIG appoints new senior vice president


22 July 2019 New York
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
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.”

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