NEW YORK, Oct. 1, 2012 /PRNewswire/ -- Cantor Fitzgerald, a leading global financial services firm, announced today the appointment of Marc A. Bender as Senior Managing Director and Global Head of Acceleration and Seeding. Mr. Bender will be responsible for building an acceleration, incubation and seeding platform that leverages Cantor's established infrastructure, global distribution and strong capital base.
Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald said, "Marc's position reflects Cantor's strategy to expand our footprint in asset management and build-out our service offering for emerging hedge fund managers. We are excited to have Marc on board and expect him to have an immediate and positive impact on the business. With Marc's substantial experience and diversified network, we will leverage our resources to provide our portfolio managers with comprehensive and world-class capital raising and advisory services."
Mr. Bender said, "I am thrilled to join the Cantor team and look forward to creating a differentiated and industry leading platform for hedge funds, professional traders and alternative asset managers. Building on Cantor's strong capital base, robust infrastructure and global distribution channels, we have a unique opportunity to discover and develop investment talent in the marketplace, and to provide a superior value proposition for managers."
Mr. Bender previously served as a Managing Director at Millennium Partners, where he focused on business development, manager sourcing and allocation. Prior to that, as a Partner at First New York Securities he was a senior member of the investment committee and managed all operational aspects of its hedge fund, EFX Capital. Mr. Bender holds a J.D. from New York Law School and a B.A. in Law and Society from American University.
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, 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 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