Hedge Funds

PB boutique Merlin ramps up hedge fund team

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Merlin Securities, a boutique prime broker headed by Steve Vermut, the founder and former chief of Banc of America's prime brokerage unit, has named another former Banc of America professional to its roster of principals.

Brandt Williams has joined Merlin as a principal within the account management group and will be based in the firm's San Francisco office.

Prior to joining Merlin, Williams worked for Banc of America Prime Brokerage for seven years as a manager in the firm's San Francisco office. Before moving to prime brokerage, he handled all options clearing and processing for Montgomery Securities.

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