Reuters – Little-known brokerage firm Monness, Crespi, Hardt & Co has long toiled in the shadows of Wall Street, but the boutique suddenly has been thrust into the limelight because of an “ideas dinner” it sponsored last month for a group of about 18 hedge fund traders.
Monness Crespi sponsors unscripted dinners from time to time, said people familiar with the get-togethers. They provide a chance for managers to swap trading ideas, network with their peers and meet some of Monness Crespi’s largely equity-focused analysts.