Hedge Funds

Merrill's prime services expands West Coast presence


Merrill Lynch's prime brokerage group is making a bigger commitment to the West Coast with the addition of two key staffers on the ground in San Francisco.

Relocating from Merrill's New York office is Chris Zellner, who has been focusing on prime brokerage sales, financing and client management for the Western region since he joined Merrill from Lehman Brothers in 2002. Prior to Lehman, Zellner was at Morgan Stanley. He will report to Andrew Tolson, head of equity derivative sales on the West Coast.

Separately, Merrill has hired John Bell, an associate director in global prime brokerage services at