NEW YORK, Jan. 10, 2013 /PRNewswire/ -- S3 Partners, LLC today announces the appointment of Jose Fernandez as Managing Director and Global Head of Business Development and Client Service. S3 is the leading provider of independent solutions, insight and advice to manage counterparty risk and financing cost for asset managers and financial institutions worldwide.
Bob Sloan, Founder and Managing Partner of S3 stated, "I've known Jose for many years, and I've always respected his commitment to serving his clients to the fullest. Jose has been at the epicenter of the most essential service provided to assets managers in his previous role in prime brokerage. His expertise will be a critical resource for our clients and a catalyst for the S3 team."
Mr. Fernandez added, "I was attracted to S3 as a firm because of its reputation as a trusted advisor to its clients. New regulation requires asset managers to assess and evaluate counterparty risk and cost in their businesses. After working closely with the S3 team, I am extremely impressed with their approach as well as the effectiveness of the service offering, which has been adopted by the largest and most sophisticated asset managers in the world."
Mr. Fernandez, a 26-year veteran of Goldman Sachs, where he was part of the founding of the prime brokerage business at the firm, was a Managing Director responsible for co-managing the prime brokerage client services team in the U.S.About S3 Partners:Founded in 2003, S3 is the leading provider of independent solutions, insight and advice to manage counterparty risk and financing cost for asset managers and financial institutions worldwide. Our service offerings and reputation have attracted some of the largest asset managers, pensions, insurance companies and other institutional investors. SOURCE S3 Partners, LLC