EFX Prime Services strengthens team with additions from Goldman Sachs and Grace Financial

June 17th, 2010
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EFX Prime Services announced today that it had hired industry veterans Jonathan Shapiro and Gary Mednick. The two new hires will help lead the firm’s prime brokerage sales efforts from its headquarters in New York.

Jonathan Shapiro, who joins EFX Prime Services from Goldman Sachs & Co., has more than 10 years of experience in prime services. At EFX, he will use help clients with their mounting operational and infrastructure challenges. While at Goldman, Shapiro was a senior relationship manager, covering some of the bank’s largest hedge fund clients.

Gary Mednick joins the prime broker from Grace Financial where he worked closely with hedge fund and active trading clients. At EFX Prime Services, Mednick will leverage his familiarity with quantitative and high frequency trading to spearhead initiatives that will empower the firm’s clients that employ active trading strategies. The 29 year brokerage veteran also previously founded On-Site Trading, a prop-trading and agency brokerage.

“We are pleased to add Jonathan and Gary to EFX Prime Services,” commented EFX Prime’s Managing Director Brian Stutman. “Their tremendous experience and specific areas of expertise will help our clients leverage our trading expertise, operational excellence and unique capital introduction effort.”

EFX Prime, which is a division of trading firm First New York Securities, offers prime brokerage services, comprehensive trading solutions and capital introduction to single and multi-primed funds.
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Jobs, Hirings and Firings

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