Marex has appointed Patterson McDonald to the prime brokerage and outsourced trading sales team.
He joins from Jefferies where he had most recently spent five years as vice president, focused on outsourced trading and relationship management and prime sales for new launch hedge funds.
Speaking to his appointment, New-York based McDonald said: “[…] been lucky to see this industry from a few different angles over the years, and I’m looking forward to putting that experience to work in a new role.”
He has previously served in a range of roles at firms including Signpost Capital, Incline Global Management, Perella Weinberg Partners, Stonebrook Fund Management, and Jefferies.
In his new role he is set to work closely with hedge funds and asset managers. Further new hires are expected to be made to the time imminently.
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“We are seeing a surge in demand globally, and we are growing to meet it. We’re pleased to welcome Patterson McDonald as the latest addition to our expanding prime brokerage and outsourced trading team,” explained Bobby Croswell, co-head of Americas prime brokerage sales, outsourced trading and capital introduction, Marex.
“Patterson brings a rare combination of experience across trading, technology and institutional sales […] His cross-functional insight means he understands the full trading lifecycle from multiple vantage points – helping clients identify opportunities, navigate complexity and stay ahead of what’s next.”