Financial technology firm and digital securities broker-dealer Templum have appointed a former Goldman Sachs vice president as director of managing institutional relationships.
Frank Barbarino, previously a vice president at Goldman Sachs’s prime brokerage division and most recently a senior investment officer at the New York City Office of the Comptroller’s Bureau of Asset Management, will be responsible for managing Templum’s relationships with institutional investors. He will be reporting to chief issuance officer, Bernard Van der Lande.
Prior to the New York City Bureau of Asset Management, he was a principal and investment strategist at The Carlyle Group working with investment teams focused on direct lending to mid-market companies. He started his career as a product specialist for Morgan Stanley.
Van der Lande said in a statement Barbarino will provide additional capabilities to attract more institutional investor deals.
“[His] expertise as a capital allocator for major organizations is an invaluable asset, as we work to open up institutional access to a new class of private securities. He solidifies our ability to source and structure private market deals that combine high-quality assets with a clear pathway to liquidity,” Van der Lande said.
Templum runs Templum Markets, a broker-dealer and alternative trading system registered with the Financial Industry Regulatory Authority specifically focused on digital securities. In April, Templum announced a strategic partnership with the Miami International Holdings and MIAX Exchange Group to develop an exchange to trade and list crypto assets.
The founder and CEO of Imperative Execution looks at how trade execution is changing and what that means for the buy side.Subscribe to Weekly Wrap emails