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Cantor Fitzgerald Appoints Global Head of Business Development

NEW YORK, Nov. 2, 2012 /PRNewswire/ -- Cantor Fitzgerald, a leading global financial services firm, announced the appointment of Dave Goldfarb as Senior Managing Director and Global Head of Business Development. Mr. Goldfarb is responsible for business and strategic development and expansion of the firm's full service platforms. Mr. Goldfarb will be based in New York.

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"Dave brings tremendous expertise to Cantor, and his very extensive experience in the financial services sector will certainly contribute to the continued growth of our franchise," said Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald. "The firm has grown significantly in the past few years, both organically and through acquisition, and we remain firmly committed to extending Cantor's reach and value for our clients globally. We will continue to aggressively strengthen our footprint on a global basis with a key emphasis on growing our asset management and banking franchises. I look forward to having Dave help with this effort."

"I am thrilled to be a part of this impressive team and contributing to the continued successful build out of Cantor's platform, and extending its leadership position across various businesses," said Mr. Goldfarb.

Mr. Goldfarb was most recently a Managing Director at Lamco LLC, an asset management business responsible for the wind-down of Lehman Brother's assets and operations. Before that, he held a number of senior roles at Lehman Brothers including Global Head of Strategic Partnerships and Principle Investing. Earlier, he was also a Partner in the Financial Services Group at Ernst & Young.

About Cantor Fitzgerald
Cantor Fitzgerald, a premier global financial services firm at the forefront of financial and technological innovation, has been a proven and resilient leader for over 65 years. Cantor is a preeminent capital markets investment bank serving more than 5,000 institutional clients around the world in institutional equity and fixed income sales and trading and is recognized for its strengths serving the middle market with investment banking services, prime brokerage, and commercial real estate financing. Cantor Fitzgerald also is a leader in new businesses including advisory and asset management services, gaming technology, e-commerce, and other ventures. Cantor Fitzgerald & Co. is one of 21 primary dealers authorized to trade U.S. government securities with The Federal Reserve Bank of New York. Cantor Fitzgerald's 1,600 employees serve clients through over 30 locations, including major financial centers around the world in the Americas, Europe, Asia/Pacific, and the Middle East. For more information please visit www.cantor.com.

Note to Editors: Cantor Fitzgerald, L.P. is the parent entity of Cantor Fitzgerald & Co.

SOURCE Cantor Fitzgerald