Former Cantor Executives Join China-Backed Investment Bank

Four former Cantor Fitzgerald LP managing directors left the New York-based brokerage to become senior managers at a boutique investment bank owned by a China-backed, Hong Kong-listed venture.

Jason Boyer, Brett McGonegal, Bradford Ainslie and Uwe Parpart resigned in May and joined Reorient Financial Markets Ltd., which is backed by China Chengtong Holdings Group, one of three asset managers under China’s State-owned Assets Supervision and Administration Commission.