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Options Group to acquire capital markets search firm in Asia

October 06, 2015

Options Group, an executive search firm serving the financial services industry, announced its proposed acquisition of Whitney Correlate, a capital markets search firm with offices in Hong Kong and Singapore.

The deal is expected to close in the fourth quarter, subject to completion of certain conditions; terms were not disclosed.

The acquisition strengthens Options Group’s global investment banking and capital markets practices and provides Whitney Correlate with access to a larger global client base and Options Group’s intelligence and research platform. 

Whitney Correlate co-founders, Russell Kopp and Niall MacDonald, will join Options Group's existing Asia team. The following Whitney Correlate staff members will also join Options Group:

  • Phoebe Ling: Buyside specialist with a product focus on private equity and regional focus on Southeast Asia
  • William Raeburn Ward: Will return to Options Group as an investment banking consultant
  • Catherine Chen: Generalist consultant
  • Matthew MacDonald: Will relocate to London and serve as a FICC consultant

"We are very pleased to announce this proposed combination,” said Options Group co-Founder and CEO Mike Karp. “There are many synergies between our businesses, and we believe this will enhance our strategic growth plans at an opportune time."

Options Group said it has more acquisition plans in EMEA and Asia. It is speaking to many firms globally and will opportunistically consider more complimentary transactions, according to the firm.

Options Group is headquartered in New York, with offices in London, Hong Kong, Tokyo, Sao Paulo, Bogota, Dubai, Frankfurt, Mumbai, New Delhi, Singapore, Sydney, Tel Aviv, and Zurich.