BTIG promoted Joseph Curro and Robert Hymans as global co-heads of event driven strategies. The event driven team includes six people in the U.S. and three in London, including analysts focusing on special situations. The team plans to add additional resources over the next 12 months. BTIG expects to see "substantial deal flow, special situations and other corporate activity in 2011," it said in a statement. Curro and Hymans have been at BTIG for three years as specializing in event-driven strategies. Prior to BTIG, they were both at Cantor Fitzgerald and, before that, at Lehman Brothers. Curro began his career at Lehman Brothers in 2000, and Hymans at Bear Stearns in 1993 prior to joining Lehman Brothers in 1996.
Michael Palamaro joins ThinkEquity as a sales trader and a director. Palamaro, a 24-year veteran, previously covered accounts for Abel/Noser Corp. for three years. Prior to that, he worked at Jefferies & Co. and Raymond James. Palamaro, whose focus will be accounts in New York and the Midwest, reports to Phil Johnston, who heads the equities effort at ThinkEquity.
Todd Rich joins NYSE Technologies as a director based in its Chicago, Ill. office. An 18-year veteran, Rich will focus on offering clients flexible and scalable end-to-end electronic trading solutions. Prior to this, he was a former trader on the floor of the Chicago Board Options Exchange and has held business development positions with Eurex and BOX. He reports to Josh Clifford, managing director, NYSE Technologies.
U.S. Capital Advisors made two hires. It brought on Bradley Stammen as a managing director and head of institutional trading. It also hired Clint Turner as a director, institutional trading. Stammen was head trader and chief operating officer of business development at SteelPath Capital Management. Turner has been an equity sales trader for more than 15 years, working for Banc of America Securities, Southwest Securities and Pulse Trading. USCA, based in Houston, recently launched its institutional client business
Borje Ekholm was added to NASDAQ OMX’s board of directors. Ekholm, a 23-year veteran, is currently president and chief executive of Investor AB, a Nordic-based industrial holding company he joined in 1992. Prior to this, he worked at McKinsey & Co., management consulting firm advising leading companies on issues of strategy, organization, technology, and operations. He currently sits on the boards of directors for Chalmersinvest AB, EQT Partners AB, Husqvarna AB, Lindorff Group AB, Scania AB, Telefonaktiebolaget LM Ericsson and KTH Royal Institute of Technology.
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