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Newedge announces three senior appointments to prime clearing services (PCS) team

Wednesday, March 07, 2012
Opalesque Industry Update: Newedge, a global leader in multi-asset brokerage and clearing, announced today three senior appointments in the Alternative Investment Solutions (AIS) division of its Prime Clearing Services team.

Marc Lorin has been named Deputy Head of AIS Origination and Structuring for Americas AIS. In this role, Mr. Lorin will oversee the prime brokerage sales team focusing on liquid alternatives such as hedge funds, CTAs and structuring managed accounts for investors in alternatives. He will report directly to Jonathan Gane, Global Head of Origination & Structuring AIS. Mr. Lorin has been a part of the US Origination and Structuring team since 2010, and has worked for Newedge and its predecessors in various capacities since joining Fimat USA as an account executive in 1990.

Newedge also announced two AIS appointments in the Europe, Middle East and Africa (EMEA) region. James Shekerdemian has been named Head of Origination and Structuring for EMEA. In this role, he will be responsible for driving further growth in the AIS business and for overseeing the continued build-out of Newedge's equity franchise in the region. Mr. Shekerdemian brings to Newedge more than 20 years of experience in the financial services industry, the last five of which he spent on the EMEA Prime Brokerage Sales and Origination team at JP Morgan.

Supporting Mr. Shekerdemian will be Charles Hill, who has been named Deputy Head of Origination and Structuring for EMEA on the Alternative Investment Solutions team. Mr. Hill has extensive experience in Newedge's Prime Brokerage operation, having joined Fimat in 2002.

"Appointments of this caliber further strengthen Newedge's capability to deliver superior cross product, cross border solutions for new and existing clients", said Mr. Gane. "They augment a highly experienced and knowledge management team that is well placed to provide the necessary support, guidance and leadership to grow the entire Alternative Investment Solutions business."


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