Options Group Announces Its Proposed Acquisition of Whitney Correlate's Business, a Premier Capital Markets Search Firm in Asia
HONG KONG, Oct. 5, 2015 /PRNewswire/ -- Options Group, a leading global executive search and strategic consulting firm, announces its proposed acquisition of Whitney Correlate's business, a premier capital markets search firm with offices in Hong Kong and Singapore. Founded in 2009, Whitney Correlate has won over 40 awards in investment banking, capital markets, and the buyside in Asia Money's past two Headhunter Polls. This combination will provide Whitney Correlate with access to a larger global client base and the best intelligence and research platform in the industry, while Options Group will strengthen its global investment banking and capital markets practices. Whitney Correlate co-founders, Russell Kopp and Niall MacDonald will join Options Group's existing Asia team. "At a time of growing global interconnectivity, we welcome the fit with complementary platforms in New York and London," noted Russell Kopp. Niall MacDonald added, "We are all excited to be joining one of the strongest names in global financial services search."
Options Group will also bring onboard the following staff members: Phoebe Ling, a buyside specialist with a product focus on private equity and regional focus on Southeast Asia, William Raeburn Ward, who will be returning to Options Group as an investment banking consultant, Catherine Chen, a generalist consultant, and Matthew MacDonald, who will relocate to London and serve as a FICC consultant.
"We are very pleased to announce this proposed combination. There are many synergies between our businesses, and we believe this will enhance our strategic growth plans at an opportune time," said Mike Karp, co-Founder and CEO. Bob Reed, co-Founder and President added, "Matt Pecheur has served as an excellent leader for our Hong Kong office, and combined with Russell, Niall, and their team's outstanding track record, we are confident this new partnership will accelerate our growth in the region."
The proposed acquisition is expected to close in the fourth quarter, subject to completion of certain conditions.
Options Group is headquartered in New York, with offices in London, Hong Kong, Tokyo, Sao Paulo, Bogota, Dubai, Frankfurt, Mumbai, New Delhi, Singapore, Sydney, Tel Aviv, and Zurich.
ABOUT OPTIONS GROUP
Founded in 1992, Options Group is a leading global executive search and strategic consulting firm for the financial services industry. Since 2000, we have maintained a local presence on five continents and have placed thousands of mid- to senior-level professionals in all areas of the financial services industry at a range of institutions. With over 140 consultants and market intelligence professionals worldwide, Options Group has a thorough knowledge of key competencies in the financial industry and is at the cutting edge of global hiring services and compensation trends for securities, investment banking, hedge funds, asset management, and information technology. Options Group possesses a track record of consistently providing expeditious and comprehensive executive search and market intelligence services to clients.
SOURCE Options Group
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