BTIG Australia Opens New Melbourne Location

BTIG Australia Limited announced the opening of its new Melbourne location. The Melbourne office will allow the firm to increase its client reach and better position itself to support the objectives of clients in the region. Drew Forrest and Joe Mahony join BTIG in Melbourne as Managing Directors, and Lee Mitchell joins as a Director.

Initially, Mr. Forrest and Mr. Mahony will be responsible for building out the Asia-Pacific leg of BTIG's Global Portfolio Trading and ETF Trading businesses. They bring close to 25 years of combined experience with two of the largest and most sophisticated asset owners in the region, Victorian Funds Management Corporation and AustralianSuper. Mr. Forrest and Mr. Mahony were hands-on in managing the trading and execution of their respective funds during a period of rapid growth and transformation within the superannuation industry. Australia is the 4th largest pension fund market (by assets) globally.

Mr. Mitchell will draw on his experience within the region, partnering with BTIG's clients that focus on event-driven strategies and special situations. The firm's Melbourne-based professionals will operate as an extension of BTIG's existing sales and trading coverage team in Australia.

"We are confident that the opening of our Melbourne location will create new opportunities for clients and the firm throughout Asia-Pacific as well as our offices worldwide. Our presence in Melbourne will broaden our client reach across the region and the rich experience of our Melbourne-based professionals will provide uncompromised client alignment,"said Andrew Dalgleish, Co-Head of BTIG Asia-Pacific and Chief Executive Officer, BTIG Australia Limited.

"Given Drew, Joe and Lee's experience, we expect they will have a positive impact on our business and better position us to support the objectives of clients in the region,"said Richard Jacklin, Chief Operating Officer of BTIG Securities."By expanding the resources available to clients, we will enhance local coverage and help drive growth throughout Australia and beyond."