Institutional broker Marex Group PLC (NASDAQ:MRX) has announced that it has hired Alex Salomon to the position of Prime Services Sales, marking the first on-the-ground presence for its Prime Services team in Israel.

Based in Marex’s Tel Aviv office, Alex will focus on supporting hedge funds, family offices, asset managers and institutional clients across the Israeli market, providing access to Marex’s global prime brokerage and outsourced trading platform. His role reflects the breadth of the local market, working across strategies, asset classes and client types.

Alex Salomon brings more than 25 years of experience across institutional trading, credit and investment markets. Earlier in his career, he held senior trading and credit roles at major international banks including Barclays Capital, Citi and Merrill Lynch, working across global markets.

More recently, Alex has held senior investment roles at Hanavah Macro and Exigent Capital. He was a founding partner at Alon Credit and serves in an advisory capacity at Logiq Capital and as Chairman of the Board at Strawberry Fields BVI REIT.

Alex is well connected across the Israeli financial community, with a practical, execution-focused approach to working with clients.

At Marex, Alex will work closely with colleagues across the firm’s global prime services platform to support clients locally while connecting them to international markets, liquidity and infrastructure. The company said that this appointment reflects Marex’s continued investment in expanding its Prime Services footprint, combining local coverage with global capability.

Alex Salomon, Prime Services Sales at Marex said,

“I’m excited to join Marex and build out its prime services presence in Israel. Tel Aviv is a highly active and diverse market, with clients operating across strategies and asset classes, and a strong outward focus on global opportunities.  A strong commitment and a man on the ground makes a difference in how you support that, particularly around execution, timing and access.

“Marex brings together prime brokerage, outsourced trading and broader financial services in a way that is practical and adaptable. That combination, along with the firm’s entrepreneurial approach, was a strong draw for me. I’m looking forward to working closely with managers and institutional clients to help connect local strategies with international markets.”

Jack Seibald, Global Co-Head of Prime Services and Outsourced Trading at Marex said,

“We’re very pleased to welcome Alex Salomon to Marex as we establish an on-the-ground prime services presence in Israel.

“Tel Aviv is a sophisticated and highly connected market; having dedicated prime services coverage locally is an important step in how we support clients in the region.

“Our focus is on helping managers launch, scale and operate effectively by combining prime brokerage, outsourced trading and capital introduction within a single, globally connected offering. Alex’s experience and network strengthen our ability to deliver that locally while connecting clients to opportunities globally.”

Lawrence Obertelli, Head of EMEA Prime Service Sales at Marex said,

“Alex is a strong addition to the team as we continue to build out our prime services coverage across EMEA. He brings experience across investing, trading and advisory, along with a strong relationships across the Israeli market. Alex will focus on working with hedge funds, family offices, asset managers and institutional clients, connecting them to our international network and capabilities. Having Alex on the ground strengthens how we support clients day to day, with more direct access to global markets, liquidity and infrastructure.”