The former UBS and Morgan Stanley managing director will help start-up hedge funds market themselves under new federal legislation.
HedgeCo Networks, the hedge fund database and advisory firm based in West Palm Beach-Florida, today named Brett Langbert president and COO.
Langbert was most recently a managing director at UBS, responsible for the firm's prime brokerage sales for the Americas. Prior to UBS, he was a managing director at Morgan Stanley, where he co-managed cash sales trading for the Americas, merger arbitrage and capital structure arbitrage. Before Morgan Stanley, Langbert spent 12 years at Goldman Sachs, where he ran parts of the convertible arbitrage business and a volatility desk.
He joins HedgeCo as federal legislation is set to repeal the ban on hedge fund general solicitation. It is anticipated that the bulk of the money set to flow into hedge fund marketing as a result of these new rules would come from emerging hedge funds, an area HedgeCo specializes in.
"HedgeCo's unique approach to helping start-ups and emerging manager funds represents a significant business opportunity and I am excited by the opportunity to leverage my experience in this entrepreneurial environment," says Langbert.
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