Cantor Fitzgerald has appointed Lance Vegna to head up its portfolio solutions team as global managing director, based in New York.
Vegna joins from Macquarie Securities, where he was head of portfolio services for the Americas, and where he founded and led the portfolio transaction business on a regional basis.
Previously, he founded and co-headed the Credit Suisse Transition Management team.
Shawn Matthews, CEO of Cantor Fitzgerald & Co, said: "[Lance Vegna’s] addition to the team demonstrates our ability to attract exceptional talent across the industry and our continued commitment to providing clients with top-tier service."
He added "Lance Vegna's vast experience with, and understanding of, portfolio solutions, combined with our global distribution platform, will provide clients with a leading customised transition management and asset servicing partner."
Adam Mattessich, co-head of equities at Cantor Fitzgerald, commented: "We look forward to leveraging Lance's experience in portfolio construction, multi-asset agency crossing, custom transition-structuring and risk management."
