Options Group Opens Los Angeles Office; Adds Financial Services Expert to West Coast Team
January 13, 2020 – Options Group has opened a new office in Los Angeles, which will be led by Amit Kapoor. Mr. Kapoor has transferred from the firm’s New York office to oversee Options Group’s ambitious growth plans for the region. The firm also hired Lara DeVito to help spearhead the buildout.
As head of the Los Angeles office, Mr. Kapoor will be expanding the Options Group Americas footprint to cover all aspects of buy side talent acquisition and development to include asset and wealth management, hedge funds, private equity, venture capital, family offices and private wealth management.
Mr. Kapoor’s experience has been anchored within the C-suite and at the senior investment professional level within equities across long-short, value based investing, market neutral, event driven and family offices. He has built a robust knowledge base across macro, credit, quantitative and commodity strategies, said the firm. Mr. Kapoor brings extensive experience in talent acquisition, leadership advisory and hiring with an emphasis on diversity and inclusion at the executive level across the buy side.
“I am delighted to be spearheading such a key strategic office for the firm,” said Mr. Kapoor. “Our groundbreaking technologies afford clients a unique, competitive edge and I am thrilled to be working with this very talented team to provide an enhanced, consultative and market leading service to our West Coast clients who are very much the driving force behind our decision.”
“Kapoor is a proven leader and deal maker and this move should be a signal to the industry of our commitment to continually expand our market share and leadership in the space across the United States, and especially the West Coast,” said Mike Karp, CEO of Options Group. “Successful leaders in our industry understand that if their organization is to grow in the long term, they cannot hold a business-as-usual mindset, even when things are going well. Firms need to find new ways and regions to increase profits and develop new revenue streams. Having Kapoor spearhead this effort solidifies our mission for California and the West Coast region as a whole.”
“California’s economy has grown to be the world’s fifth largest,” said David Korn, global chief operating officer and managing partner of Options Group. “The financial activities industry in California has always been a major contributor to gross state product and a significant employer and has generated close to 20 percent of state domestic product. Our clients have ambitious strategic human capital growth plans in California and we are excited to be right alongside them as they build their talent ranks.”
“Los Angeles and our future San Francisco build continue to emerge as favored locations for many of our buy side clients,” said Bob Reed, president. “Options Group is a global leader in the acquisition, development and retention of quantitative professionals and California has always been a top location for this type of talent with many of the leading universities and technical schools in the nation located in the state. We are very excited about the opportunity.”
Ms. DeVito has extensive financial industry experience, specializing in executive level clients focusing on private equity and venture backed companies. Ms. DeVito is well versed in buy-side talent acquisition and development, seamlessly adapting to the ever changing terrain. She founded FiveToolCFO in 2009 which specializes in research driven sourcing, aimed to find the best technical, environmental and personality fit for a candidate and company.
Options Group is a leading global talent acquisition and development firm specializing in financial services and technology. For more than 25 years, with 13 global offices, Options Group has taken an innovative approach to facilitating limitless search and intelligence possibilities, said the firm.
According to clients, Options Group has been at the forefront of industry, pioneering a new generation of human talent management solutions through its proprietary technologies where, according to the firm, “research meets recruiting for optimal strategic results.” It is a key differentiator among rivals and meets the demands of organizations eager for real-time intelligence captured through a talent acquisition platform.
Options Group Releases Annual Pay Data Report to Wall Street
Options Group has just released its 2019/2020 Global Financial Markets Overview and Compensation Report, long considered the ‘gold standard’ for pay data metrics among banks and investment banks.
This year’s report, “The Intersection of Disruptive Technology and Geopolitical Protectionism,” is chock full of key industry analytics, including financial market overviews, compensation summaries, salient predictions and detailed year-over-year hiring trends data, gathered from internal surveys, real hiring data, and publicly available news.
In December, Options Group opened a new office in Paris led by Carole Jean-Baptiste. As part of her primary responsibilities, Ms. Jean-Baptiste is expanding the Options Group EMEA footprint in asset and wealth management, capital markets, sales and trading as well as fintech. Ms. Jean-Baptiste was most recently a partner and executive coach at Dune and Catskill Executive Search.
“Carole is a key addition to our senior team in Paris and this move should be a signal to the industry of our commitment to continually expand our market share and leadership in the space across EMEA,” said Mr. Karp. “Successful leaders in our industry understand that if their organization is to grow in the long term, they cannot hold a ‘business as usual’ mindset, even when things are going well. Firms need to find new ways to increase profits and develop new revenue streams. Having Carole join solidifies our mission in France and across the EMEA region.”
Related: Options Group Sees Seismic Shifts in Compensation Protocols
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media
