United First plans NY office, targets long-only funds

Thu Jan 26, 2012

Michael Hadjedj
Stephane Mardel
United First Partners, the independent London-based brokerage and advisory firm focusing on event-driven, relative value and special situations, is planning to open an office in New York and target mutual funds in a bid to accelerate the growth of its business into the long-only world in addition to its core hedge fund clientele.

Set up at the end of 2009 by former ICAP event-driven brokers Michael Hadjedj and Stephane Mardel, United First Partners has built a client base of over 150 investors in its first two years of operation.

Hedge and 'active’ investment funds account for around 75% of the broker’s client base, with banks and prop...

ISSN: 2151-1845 / CDC10004H

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