Industry Hedge Fund Veterans to Offer Capital Introduction Services Through Newly Launched Layton Road Group
NEW YORK, March 13, 2018 (GLOBE NEWSWIRE) — Tom Mahala, former Global Head of Capital Introduction and Americas Hedge Fund Relationship Management at BNP Paribas, announced the recent launch of Layton Road Group, LLC (www.laytonroadgroup.com) (“Layton Road”). The firm will offer capital introduction and placement agent services to the alternative asset management community through Profor Securities LLC (“Profor Securities”), a member of FINRA and SIPC. Profor Securities is a 13-year old broker-dealer and placement agent.
Through its inaugural Outsourced Cap Intro for prime brokers service, Layton Road seeks to expand and enhance the current capital introduction approach traditionally offered directly, in-house by teams within investment banks’ prime brokerage groups. “The traditional approach to capital introduction is fraught with inefficiencies today – Layton Road aims to offer a better solution to the market,” said Mr. Mahala, a 26-year prime brokerage veteran and President of Layton Road.