People Moves Monday – A busy week for the buy-side
The past week saw appointments from Millennium, Newton Investment Management, FactSet, Bank of America, Babel Finance and Capitolis.
The past week saw appointments from Millennium, Newton Investment Management, FactSet, Bank of America, Babel Finance and Capitolis.
Following a successful $110 million Series D funding round, the firm’s investment in its employees reflects its continued momentum.
Capitolis said its LMRKTS acquisition would allow it to increase the depth of its optimisation team and offering.
The latest funding round took Capitolis’ total funding to $170 million to date and was led by venture capital firm Andreessen Horowitz.
Evelina Rosenstein, Alex Dubost, Dr Petra Wikstrom and Meshi Peer have joined the Capitolis team as it looks to expand its headcount from 50 to 90.
Lindsey Baptiste and Hen Lotan will join FinTech firm Capitolis as senior vice president of finance and chief of staff respectively.
Capitolis intends to use the funds from this latest investment to further accelerate its technology and product development.
Capitolis has seen record transaction volumes of $417 billion in the second quarter of 2020 on its FX options novations platform.
Startup founded by former Thomson Reuters and EBS BrokerTec chiefs will use the funds to expand its platform and products.
Justin Klug joined Capitolis from Credit Suisse two years ago as COO and will take on the role of president at the firm.