Broadreach Group acquires Corcoran Partners

HedgeCo.net – NEW YORK, November 21, 2006 —  Broadreach Group, a global talent agency with offices in New York, London, and a new office in Tokyo, today announced that it has acquired 100% of Corcoran Partners, a New York-based executive search firm that focuses on placing derivatives and hedge fund talent.  John Jaensich, Corcoran’s founder, joins Broadreach Group’s New York office as a senior partner, according to Brian Grover, founder and managing partner.

              Ã¢â‚¬Å“Our goal as a talent organization is to be number one in every practice area in which we operate globally,” said Mr. Grover.  “John will help us extend our leadership in certain derivatives markets as well as with hedge funds, and brings critical leadership skills that complement our existing skill-set and will help us to reach our goals.”

            Broadreach also announced the opening of an office in Tokyo.  The new office will be managed and led by two partners; Andy Walsh, a long-time equity derivatives veteran and former recruiter at Option Group, and Brendan Morris, who was formerly a partner in The Ingenium Group.  Together, Messrs. Walsh and Morris bring over 30 years of experience in Asia, most of it in Tokyo, and have an extensive knowledge of, and contacts in and across Asian cash and derivatives markets, investment banking, and private equity. 

            “Andy and Brendan, give us a strong foothold in the Tokyo derivatives, cash and banking talent markets,” said Mr. Grover.  Ã¢â‚¬Å“They are capable leaders who will work with me to expand Broadreach’s capabilities across Asia to satisfy our clients’ needs.”

            Broadreach Group focuses on identifying and placing best-of-breed talent on behalf of leading clients in the alternatives, derivatives and prime brokerage communities globally. Headquartered in New York, the firm has offices in Boston and London, as well as Tokyo.
                                                           

For further information:           

Brian Grover

Founder & Managing Partner, Broadreach Group, LLC                                      www.broadreachgrp.com
 (646) 277-3640
 

PR Contact:                  Meg Bode 
                                    (516) 869-6610

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