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Merus Global Investments Opens Florida Office and Adds Veteran Trading Team
Traders Magazine Online News, January 25, 2018
Merus Global Investments, a leading multi-strategy investment partnership, today announced the expansion of its business with the opening of a new Boca Raton office and the addition of trading industry veterans Seth Setrakian and Roger Egbert. Messrs. etrakian and Egbert, who both join Merus as Senior Managing Directors and Partners, will jointly lead a new eight-person Florida-based team.
The new team brings a tremendous amount of expertise and talent to Merus and an exceptional track
record in US equities, futures and currency trading that further diversifies Merus’ global strategy.
Joseph Monte, CEO and Senior Managing Partner of Merus Global Investments, said: “We are thrilled
to add a team as accomplished as Roger and Seth’s to Merus. Their exceptional multi-year
performance fits perfectly with our strategy of serving as a home for the best and brightest trading
professionals in the industry, and also allows us to continue diversifying our global approach.”
He continued: “We’re also excited to expand our geographic footprint into Florida, which offers an
abundant base of high-caliber trading talent, an excellent quality of life and a very favorable business
and tax environment in which to operate.”
Mr. Egbert has spent more than 20 years in the investment management industry. He joins Merus
from Spectrum Capital, LLC, a macro investment firm where Mr. Egbert served as Managing Partner.
Prior to Spectrum he was a Partner at First New York Capital Management, and before that he spent
nearly a decade at MSD Capital, where he led the firm’s trading desk. He began his career as a
healthcare trader at Pequot Capital after graduating from Union College with a degree in economics.
Mr. Setrakian brings over two decades of industry experience to Merus as well. He also joins from
Spectrum, where he was President. Prior to that Mr. Setrakian spent nearly 15 years at First New York
Capital Management, where he eventually became Co-Head of Global Equities, and before that was a
Partner at Seneca Capital. Mr. Setrakian began his career in the Corporate Finance group at Arthur
Andersen after graduating summa cum laude from Penn State University with a degree in accounting.
“We couldn’t be happier to join the growing Merus family,” said Egbert and Setrakian in a joint
statement. “Like both of us, Merus believes strongly in the power of human capital, and that
sophisticated traders can thrive in today’s markets if given the proper platform. We think that
opportunity exists at Merus, and we look forward to developing and expanding the talented team in
Florida.”
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