Cantor Fitzgerald Adds Investment Advisory Services To Its Growing Platform
New York, NY – February 8, 2010 - Cantor Fitzgerald announced the creation of its new Investment and Advisory Business in Cantor’s Investment Capital Markets Group. Stephen Ardizzoni joins as Head of Cantor Investment Advisors.
“Stephen’s vision, expertise and experience position him extremely well to develop this business,” said Shawn Matthews, CEO of Cantor Fitzgerald and Co. “Our clients have asked for this capability and we’re pleased that Steve is on board to drive it ahead. Cantor’s wealth of capital markets experience, broad distribution capabilities and extensive relationships in the institutional marketplace represent a superb foundation on which to build and introduce this new offering to our clients,” Mr. Matthews said.
“The need has never been greater from clients who seek exposure to hedge funds and other alternative assets to have an advisor who is truly capable of providing expertise in these opportunities through real world optics and experience,” said Mr. Ardizzoni. "Joining Cantor's team is exciting and it will enable us to deliver a comprehensive solution to clients who have or seek exposure to alternative assets", concluded Mr. Ardizzoni.
Prior to Cantor Fitzgerald, Mr. Ardizzoni was Global Head of Research for Union Bancaire Privee Alternative Investments, the largest investor in hedge funds globally and earlier served as Global Head of Credit and Event Strategies responsible for $15 billion of the firm’s assets. While at Union Bancaire Privee, Mr. Ardizzoni also served on several advisory boards including Ichan Partners. Earlier, Mr. Ardizzoni was a Managing Director at Crestline Investors, a Bass family affiliated alternative asset manager, where he oversaw the firm’s credit and event hedge fund strategies, including a dedicated $500 million distressed fund-of-funds for a large institutional client. Mr. Ardizzoni also sourced and managed proprietary transactions for Edward P. Bass. Mr. Ardizzoni also served as a Senior Portfolio Manager for SMH Capital Advisors, where he built an industry leading track record in the High Yield sector and was ranked the #1 performing High Yield Manager in 2002. Mr. Ardizzoni attended the Neeley School of Business at Texas Christian University.
Cantor Fitzgerald added approximately over one hundred sales and trading professionals over the past year. Focused on a capital structure-centric business model and cross-market strategy, Cantor is continuing to grow its fixed income, equity and investment banking businesses.
About Cantor Fitzgerald
Cantor Fitzgerald, a leading global financial services firm at the forefront of financial and technological innovation, has been a proven and resilient leader for over 60 years. The Cantor Fitzgerald franchise includes capital market sales and trading, investment banking, and other businesses and ventures. Cantor Fitzgerald is one of 18 primary dealers authorized to trade U.S. government securities with The Federal Reserve Bank of New York.
A recognized leader in the global third market, Cantor’s equities sales and trading professionals provide solutions that address clients’ requirements for execution, return optimization and risk management, offering services in domestic and international equities, derivatives, convertibles and structured products, stock loan, and contracts for differences, as well as research.
A world-class dealer across a broad spectrum of fixed income products, Cantor offers services in repo and securities lending, mortgage-backed and asset-backed securities, corporate bonds, interest rate products, agencies, SBA securities and structured products, as well as fixed income rates strategy.
Cantor’s investment banking division focuses on providing capital raising and advisory services to growth-oriented companies. The group’s structuring and distribution capability is focused on addressing innovative solutions to complex issues and challenges for clients across the globe.
Cantor Fitzgerald’s 1,400 employees serve clients through 35 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 company of Cantor Fitzgerald & Co.
Contact
Melanie Gordon-Felsman
212 610-2314
mgordon@cantor.com
