Lighthouse Prime Garners Two Award Nominations
October 14 2009 - 7:01AM
Business Wire
Lighthouse Financial Group, LLC, a New York-based boutique
institutional broker-dealer, today is proud to announce the recent
award nominations of the Small Prime Broker of the Year and
Best Capital Introduction Program for Small Prime Brokers
for the Lighthouse Prime Services Division as recognized by Hedge
Fund Manager Week Magazine.
Lighthouse Prime has seen significant growth in new accounts in
2009 and has benefited significantly from the overall dislocation
within the financial industry. Lighthouse Prime has been able to
consistently offer a well rounded platform consisting of trade
execution, effective capital introduction and a fully hosted
information technology solution to their rapidly growing client
base of emerging and growing hedge fund managers, while offering
the security of custody services through their introducing broker
relationship to Goldman Sachs Execution and Clearing.
“We are very pleased to be recognized for the tremendous amount
of hard work and dedication we have provided our clients,” stated
Steven Simmons, Managing Director of Prime Services. “The growth of
Lighthouse Financial as a whole has had a significant impact on our
ability to provide a true service model, and our continued
expansion of a robust offering of customized services will continue
to benefit our clients immensely.”
James Blanche, commercial manager for HFM Week stated, “We are
pleased to recognize the significant achievements by Lighthouse
Prime Services. Their continued dedication to their prime brokerage
clientele coupled with a bona fide capital introduction program has
put them squarely at the forefront with their peers in this space.
We look forward to recognizing them and their fellow nominees at
our Gala Service Providers Luncheon and Awards Ceremony on Oct 22nd
at the Essex House Hotel in New York City.”
“Capital introduction has long been the siren song for prime
brokers,” continued Simmons. “Lighthouse Prime has developed a
significant and effective suite of capital introduction services
that has resulted in tremendous success from our past events held
in Chicago and New York City. The level of trust we have garnered
within the institutional investor space, particularly among family
offices and fund of funds, has greatly contributed to our
successful capital introduction program. We will continue to build
upon these past successes with our upcoming year end manager /
investor event at the Breakers in Palm Beach on Nov 5th.”
Lighthouse Prime anticipates a healthy slate of manager / investor
events in the upcoming year.
About Lighthouse Financial Group, LLC
Founded in 1999, Lighthouse Financial Group LLC (www.lhfg.net)
is a New York-based boutique institutional broker-dealer focused on
providing investment banking, institutional sales and trading and
prime brokerage to institutional and private banking clientele.
Lighthouse Financial is an operating subsidiary of Lighthouse
Global Partners, LLC. Lighthouse Financial offers clients access to
electronic execution and clearing services through Goldman Sachs
Execution & Clearing, L.P., Penson Financial and Ridge
Financial. Lighthouse Financial is a registered member of FINRA,
MSRB, ISE, NFA, SIPC and NASDAQ OMX PHLX.
About Lighthouse Prime Services
Lighthouse Prime Services (www.lighthouseprime.com), a division
of Lighthouse Financial Group LLC, specializes in hedge fund
brokerage and high velocity trading. Clients include high frequency
trading groups, small to mid-sized hedge funds and large
institutions. Lighthouse professionals have extensive experience
working with GSEC, Bank of America, Ridge, Penson and a host of
other clearing firms. The Lighthouse Prime Services team is
comprised of industry veterans who have spent the majority of their
careers working at major prime brokerage firms.