Marex has expanded capital introductions, a form of outsourced investor marketing for hedge funds, appointing Leah Teo to run its Singapore team.
In addition to core services like securities lending, prime brokerage firms offer hedge fund clients capital introduction services, connecting them with institutional allocators across alternative investment strategies globally.
In Q2 2025, prime brokerage and outsourced trading specialist Marex reported US$500.1 million in revenues, up 18% year-on-year (YoY). Net trading income was up 49% YoY to US$203.3 million, which the company stated was heavily influenced by strategic prime services expansions.
Elsewhere in the Singapore expansion, Rebecca Smithurst joined Marex’s prime services team as vice president of Asia sales in June.
Jack Seibald, global co-head of prime services and outsourced trading, commented, “[The appointments] further strengthen our ability to deliver a fully integrated offering to clients on the ground in Asia.”
Teo joins Marex from Astignes Capital, where she has been a part of the investor relations team since 2021.
The announcement follows Chris Lloyd’s appointment to the distribution team in London last month, where he focuses on the EMEA region.