This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

INTL FCStone Announces Hedge Fund Capital Raising Team

NEW YORK, Aug. 1, 2013 (GLOBE NEWSWIRE) -- INTL FCStone Inc (Nasdaq:INTL) today announced the appointment of George Lucaci as head of their wholly owned subsidiary, INTL FCStone Securities Inc.'s new hedge fund capital-raising group. Joined by Eric Blessing, Edward Kuhnel, and George Gowdy, this new group will work in consultation with hedge fund managers to review their strategy, focus their brand, and optimize their structure to meet the demands of sophisticated institutional investors. Their experience has allowed them to assess each fund's position in the prevailing marketplace and provide insight as to the allocation process from an institutional investor's perspective.

The capital-raising group, to be known as the Capital Alternatives Group (CAG), provides valuable insight for hedge fund managers into the dynamic allocation strategies of global institutional investors. The team's mission has been to assist pedigree hedge fund managers, who have attained operational integrity, in their efforts to receive allocations across the alternative spectrum worldwide.

Lucaci brings 25 years of hedge fund industry experience to his new role having previously served as head of the Capital Alternatives Group at Direct Access Partners as well as Channel Capital Group since 2003 where he was a founding member. He had previous senior management positions at Citibank, Merrill Lynch, and Nomura Securities.

Over the last 10 years his team has successfully raised several billion dollars in numerous strategies including fixed income, structured products, emerging markets, commodities, as well as a variety of US based equity strategies.

Steve Carlson, head of INTL FCStone Securities Inc.'s Investment Banking division said, "We welcome George's team and their experience and leadership to INTL FCStone. His results-oriented approach and ability to think strategically with investors and funds will play a pivotal role in extending our track record of innovation, while helping us to continue to grow profitability."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs