Tom Tesauro, former co-head of Citigroup’s global prime finance group, has joined S3 Partners as managing director in charge of collateral management and financing. In this new position, Tesauro will work with hedge funds to monitor leverage as well as to manage securities lending activities.
S3, founded in 2003 by Bob Sloan, is a prime brokerage risk manager. The firm provides hedge funds and other investors – representing roughly $100 billion in assets – with price discovery and best execution services.
Tesauro helped build the prime brokerage business at Citi with co-head Ali Hackett. He has also served as head