Olivetree makes string of hires in North America

Hires across multiple US locations will help firm grow its North American business.

Agency broker Olivetree Financial has made several new hires in the US over the summer to further bolster its growth in North America.

The hires include Dan Sanders, formerly of Citi, who joins as managing director and head of US execution services. He will take responsibility for developing, marketing and expanding Olivetree’s execution offering.

Todd Lowen joins as managing director and US head of event drive/risk arbitrage having previously held a similar role at Barclays.

Jim Milligan becomes managing director and head of sector strategies and will join the firm’s New York office from his current role at its global headquarters in London. He previously held roles at JP Morgan Investment Management and Bluecrest Capital Management.

The firm recently opened an office in Boston, with Michael McDonald hired as an executive director responsible for sales coverage in the New England region. He previously worked at Convergex.

Commenting on the hires, Kenneth J Savio, CEO of Olivetree’s US operation, said: “I am pleased to welcome Todd, Jim, Dan and Michael to Olivetree. These professionals bring with them a proven track record of building and managing equities business, and also bring with them significant client relationships that view them as trusted advisors.”