New York, Jan. 25, 2018 (GLOBE NEWSWIRE) -- Merus Global Investments, a leading multi-strategy investment partnership, today announced the expansion of its business with the opening of a new Boca Raton office and the addition of trading industry veterans Seth Setrakian and Roger Egbert. Messrs. Setrakian and Egbert, who both join Merus as Senior Managing Directors and Partners, will jointly lead a new eight-person Florida-based team.


The new team brings a tremendous amount of expertise and talent to Merus and an exceptional track record in US equities, futures and currency trading that further diversifies Merus’ global strategy.

Joseph Monte, CEO and Senior Managing Partner of Merus Global Investments, said: “We are thrilled to add a team as accomplished as Roger and Seth’s to Merus. Their exceptional multi-year performance fits perfectly with our strategy of serving as a home for the best and brightest trading professionals in the industry, and also allows us to continue diversifying our global approach.”

He continued: “We’re also excited to expand our geographic footprint into Florida, which offers an abundant base of high-caliber trading talent, an excellent quality of life and a very favorable business and tax environment in which to operate.”

Mr. Egbert has spent more than 20 years in the investment management industry. He joins Merus from Spectrum Capital, LLC, a macro investment firm where Mr. Egbert served as Managing Partner. Prior to Spectrum he was a Partner at First New York Capital Management, and before that he spent nearly a decade at MSD Capital, where he led the firm’s trading desk. He began his career as a healthcare trader at Pequot Capital after graduating from Union College with a degree in economics.

Mr. Setrakian brings over two decades of industry experience to Merus as well. He also joins from Spectrum, where he was President. Prior to that Mr. Setrakian spent nearly 15 years at First New York Capital Management, where he eventually became Co-Head of Global Equities, and before that was a Partner at Seneca Capital. Mr. Setrakian began his career in the Corporate Finance group at Arthur Andersen after graduating summa cum laude from Penn State University with a degree in accounting.

“We couldn’t be happier to join the growing Merus family,” said Egbert and Setrakian in a joint statement. “Like both of us, Merus believes strongly in the power of human capital, and that sophisticated traders can thrive in today’s markets if given the proper platform. We think that opportunity exists at Merus, and we look forward to developing and expanding the talented team in Florida.”

 

About Merus Global Investments, LLC

Founded as an investment partnership in 2015 by a senior team of highly skilled trading professionals, Merus Global Investments has grown to become one of the premier trading firms in the industry. With a structure built to benefit the entrepreneurial objectives of Wall Street’s top trading talent, Merus believes that its structure, unlike most trading-focused investment firms’, allows highly productive individuals the ability to truly control their own financial destiny.

Without customers or the need for outside capital, our focus is on our talent, as we know that our people are our greatest asset. With our strategic partnerships with Goldman Sachs’ Prime Brokerage and the Thomson Reuters REDI trading platform, we provide the best and brightest traders the tools they need to succeed in today’s global markets. We do not require our professionals to sign restrictive contracts, rather we foster an environment in which people choose to stay and grow with us.

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/d75382e4-3827-4ffd-9331-bc86f69ff37d

Mark Dowd
Forefront Communications Group, Inc.
201-376-9687
mark@forefrontcomms.com