BTIG Names Matthew Partain Prime Brokerage Sales Head
BTIG, LLC announced today that it has named Matthew Partain the Head of Prime Brokerage Sales. Mr. Partain will join BTIG Prime Brokerage’s senior leadership team in supporting the ambitions of emerging fund managers and the ongoing needs of established funds. He will lead a team of experienced prime brokerage sales professionals regionally staffed in target markets.
Since joining BTIG in 2010, Mr. Partain has successfully onboarded several important clients and cultivated valuable long-term relationships. He will now be tasked with building out BTIG’s presence in key regions in the U.S. and beyond. Mr. Partain will continue to report jointly to Brian Petitt and Justin Press, Co-Heads of BTIG Prime Brokerage.
Today, BTIG has a record number of prime brokerage clients, and their collective assets under management are the largest in the firm’s history. “With 15 years of Prime Brokerage experience, Matt is highly regarded by our institutional clients and fully understands their needs,” noted Mr. Petitt. “He is a proven leader within the firm, and the ideal fit to manage the expansion of our high-touch sales force and our rapidly-growing client base.”
BTIG offers solutions for hedge funds, family offices and separately managed accounts. Clients directly benefit from BTIG’s operations, systems and trading expertise. BTIG Prime Brokerage provides multi-asset class outsource trading, a sophisticated reporting platform, access to capital introduction, and custody and clearing through fully-disclosed introducing broker relationships with Goldman Sachs & Co. LLC and Pershing, a BNY Mellon company.
“We continue to earn mandates from some of the industry’s premier and more established funds, who understand the value of our robust trading desk, research, technology and operational capabilities,” said Mr. Press. “With a growing number of new managers turning to us to support their needs, Matt will play a pivotal role in helping them achieve their business goals.”