New York - Seabury Group has announced the formation of Seabury Global Markets (SGM) which will conduct fintech product and solution sales, marketing and distribution within the international financial markets.
"The creation of Seabury Global Markets further strengthens our focus and consolidates our firm's capabilities to deliver the advanced tools and services as part of our specialty finance companies," said John E. Luth, Seabury Chairman and Chief Executive Officer. "Today's announcement bolsters the capabilities of our SeaCap operations and further extends our firm's reach and offerings to companies operating in the financial services industry."
SGM will be led by Rob Fleschler as President and Chief Executive Officer. Fleschler, who previously served as Senior Advisor to Seabury Asset Management, will report to Margaret Chan, Chief Executive Officer, Seabury Asset Management and Global Head of Specialists Funds and Financial Solutions. Fleschler has more than 25 years of experience in the financial services industry with a background in cash, futures and options sales & trading, day-to-day management of global institutional sales teams, and building electronic execution businesses and distribution capabilities. During his career, Fleschler also held sales, trading and management positions in the U.S. and abroad, including at JP Morgan, UBS, Lehman Brothers, and Goldman Sachs. He was also involved with software startups, electronic brokers and execution venues, most recently Hotspot, a subsidiary of Bats Global Markets.
"Rob provides leadership through an incredible depth of financial industry experience and on-target insights that will help drive SGM's investment and acquisition strategy and will build on and deliver innovative financial technology offerings," said Margaret Chan, Chief Executive Officer, Seabury Asset Management and Global Head of Specialists Funds and Financial Solutions.
"Today's global electronic trading solutions are simultaneously more specialized and more interconnected than ever before. Clients are seeking solutions that are sympathetic to local customization requirements, while delivering the ability to seamlessly string together various ecosystems that are not always natural partners," commented Rob Fleschler, Seabury Global Markets President and Chief Executive Officer. "Through SGM, we will leverage Seabury's extensive global network to incubate new ideas and deliver innovative product solutions, while looking for additional opportunities in the fintech space."