Liquidnet appoints Adrian Fitzpatrick as first non-executive director
23 September 2010 | 3456 views | 0
Liquidnet, the premier institutional investment community, announced today that Adrian Fitzpatrick has been appointed as the first non-executive director of the board of Liquidnet Europe. Adrian has over thirty years' experience in the fund management industry and will assist Liquidnet in developing its strategy in Europe.
John Barker, Head of International for Liquidnet, commenting on the appointment, said "Adrian has impressive experience in asset management and his appointment as non-executive director will allow us to draw on his considerable insights in expanding our offering to both existing and new members."
"Liquidnet brings liquidity directly to the buy-side, allowing them to trade in size with minimum price impact. Adrian's knowledge of asset management will help ensure Liquidnet maintains its position as the leading block trading venue and meet the evolving needs of the buy-side trader."
Currently, European Head of Investment Dealing at AEGON Asset Management, Adrian is responsible for all aspects of trading for the European asset management organisation across asset classes. Adrian previously held roles at Ivory & Sime over a period of 23 years covering all aspects of trading finishing as Head of Trading and manager of five dealing subsidiaries of Investment Trusts. He is a member of the IMA Head Dealers group and was formerly Co-Chair of NYSE Euronext ITAC Traders Group.
"I am very pleased to be joining the Liquidnet Europe board. In the past ten years, Liquidnet has built a global buy-side community which can trade with each other directly and anonymously through an innovative electronic platform. I look forward to working with them and contributing to the development of their business strategy," commented Fitzpatrick.
With five new markets added in this year alone, Liquidnet now provides access to 36 global equity markets - larger than any other MTF. Its global community of members connects with Liquidnet to enhance the quality of trade execution, gain price improvement for their trades, and, ultimately, lower overall trading costs. Liquidnet now consolidates and delivers the institutional equities market directly to more than 600 buy-side trading firms globally.