Liquidnet increases focus on hedge funds with new hire
01 February 2017 | 1948 views | 0
Liquidnet, the global institutional trading network, today announces the appointment of Dan Squires as a Sales Director focusing on European hedge funds.
Dan brings over twenty years of industry experience to this role and will be responsible for expanding Liquidnet’s membership within the hedge fund community.
Commenting on Dan’s appointment, Mark Pumfrey, Liquidnet’s Head of EMEA said: “We’re pleased to have Dan on the team - he brings a wealth of experience to Liquidnet and his extensive industry knowledge and strong relationships in the institutional equity space will be instrumental in continuing our growth. Our business has seen record global performance, and we expect to see further growth in our core buy-side to buy-side block business, Next Gen algos and fixed income offerings.”
“I am very pleased to join Liquidnet, at a time when the company is going from strength-to-strength against the backdrop of a highly challenged investment banking landscape,” commented Squires. “As regulations like MiFID II bring tremendous change to the industry, Liquidnet’s equities and fixed income platforms are very well positioned to drive innovation in the market and allow investors to trade efficiently inside the spread in total anonymity and, hence, ultimately improve their investment performance.”
Over the past decade, Squires has been working in Managing Director roles at RBC and Citi. Prior to that he was a partner at hedge fund GSA Capital, and previously spent eight years at Merrill Lynch.
Squires will report to Tony Booth, Head of Sales, and work closely with other members of Liquidnet’s Trade Coverage, Sales, Fixed Income and Execution and Quantitative Services teams to implement the firm's long-term sales strategies.