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People moves news

New head of Delta One


09 June 2010 New York
Reporter:

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Macquarie Íø±¬³Ô¹Ï Group, the institutional equities arm of Macquarie Group earlier this week announced the appointment of Richard Sansaricq as Head of Delta One & Synthetic Prime Brokerage Sales, a newly created position.

Sansaricq will be responsible for sales of Macquarie's delta one and synthetic prime brokerage activities globally. Based in New York, Mr. Sansaricq will lead a team of nine salespeople located in New York, London, Hong Kong and Sydney. Mr. Sansaricq was mostly recently Head of Algorithmic Sales at Fox River Execution and immediately prior to that was Co-Head of Global Prime Brokerage and Algorithmic Sales at BNP Paribas. He has also held senior positions at Abbey National, Credit
Suisse and Lehman Brothers among other firms. With deep industry knowledge gained over 20 years, his experience spans delta one products including traditional and synthetic prime brokerage, equity finance and equity execution.

Sansaricq will report jointly to Greg McCafferty, Head of Delta One & Synthetic Prime Brokerage globally for Macquarie Íø±¬³Ô¹Ï, and Todd Steinberg, Global Head of Derivatives Delta One.

Commenting on the appointment, Mr. Steinberg said: "Rich brings a tremendous amount of experience and industry contacts in the delta one/synthetic prime brokerage space. Rich's knowledge and skill-set will be integral to the continued build out of Macquarie's global equity finance capability."
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