NEW YORK, Jan. 7, 2015 /PRNewswire/ -- Macro Risk Advisors (MRA), a leading provider of global equity derivatives strategy and trade execution for institutional investors, today announced the expansion of its team with the hiring of Rich Lemanski as Head of Business Development. The addition of Mr. Lemanski is part of MRA's plan to deliver its product and services to a wider audience of institutional investors who will benefit from exceptional analysis of global market risk.
"As the strength of our product offering increases and as we see greater demand for our services, we recognized the need to ensure that current and prospective clients were able to access all of the expertise MRA has to offer," said Dean Curnutt, founder and CEO of MRA. "Rich brings vast industry knowledge and a strategic vision on how we can maximize our impact for clients," said Mr. Curnutt.
Mr. Lemanski was most recently in a business development function at trueEX, a swap execution facility, where he successfully on-boarded key hedge fund relationships to the platform. A financial executive with 20 years of experience, he began his career at Lehman Brothers in the equity finance division. Here he sourced transactions for hedge funds and high net worth clients with a financing or securities lending component, often working in concert with colleagues in equity derivatives to do so. In 2004, Mr. Lemanski was a founding member of the team that launched Fidelity Prime Services, a unit within Fidelity Capital Markets, providing prime brokerage services to hedge funds.
"I look forward to working with such high caliber individuals who have emphasized collaboration as an important part of the culture at MRA," said Mr. Lemanski. "It is clear that the team's mission is singularly focused on helping clients and I am eager to become a part of it."
"We are seeing a growing need from investors for our insights on global market risk. Rich's leadership will help us connect our analytical work to a broader portion of the institutional investor community. We are excited to have someone of his caliber join our team," said Mr. Curnutt.
Mr. Lemanski holds an MBA from New York University and a Bachelor of Science in Civil Engineering from Manhattan College.
About Macro Risk Advisors
Macro Risk Advisors is an independent derivatives strategy and execution firm headquartered in New York and specializing in translating proprietary market intelligence into specific trading ideas for institutional investors. Utilizing proven techniques for trade execution, MRA enables clients to consistently achieve efficient pricing in the equity and option markets. MRA's strategy notes are read by more than 500 unique institutional firms. The company is a FINRA-registered broker-dealer. For more information, visit www.macroriskadvisors.com or MRAD <GO> on Bloomberg.
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SOURCE Macro Risk Advisors
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