Fulcrum Global Partners: FAQs

What is Fulcrum Global Partners?

Fulcrum Global Partners LLC is a research securities firm that provides unbiased analysis and trade execution for a wide range of institutional investors, portfolio managers, and hedge funds. We do not do business with the general public. The firm commenced operations in May 2001 and now employs 120 professionals with offices in New York, Boston, Dallas, San Francisco and Tampa.

We provide high quality research recommendations that are objective. The integrity of our unbiased research product enables Fulcrum to provide impact calls (Buy/Sell/Neutral only) free of conflicts of interest. Equally essential is our expertise at providing professional trade execution and, block and program trading services.

In addition, Fulcrum has adopted the Investment Protection Principles contained in the agreement between Merrill Lynch & Co., Inc. and New York State Attorney General Eliot Spitzer dated May 21, 2002.

Where are the offices of Fulcrum Global Partners located?

Fulcrum Global Partners LLC Offices
New York (Headquarters)
535 Madison Avenue
New York, NY 10022
(212) 803-9000
Toll Free (866) 803-9001

Boston Office
265 Franklin Street, 10th Floor
Boston, MA 02110
(617) 342-1830
Toll Free (866) 803-9004

Dallas Office
The Crescent
100 Crescent Court, Suite 230
Dallas, TX 75201
(214) 756-6220
Toll Free (866) 803-9006

San Francisco Office
101 California Street, Suite 3180
San Francisco, CA 94111
(415) 248-2540
Toll Free (866) 803-9003

Tampa Office
601 Bayshore Boulevard, Suite 740
Tampa, FL 33606
(813) 282-3700
Toll Free (866) 474-3700

Who are the founding partners?

The firm was founded by Michael C. Petrycki and Harry Needleman.

Michael C. Petrycki (CEO, President, Managing Member and Co-Founder)
Until August 2000, Mr. Petrycki was President and CEO of ING Barings Americas, a member of the ING Group and a registered broker/dealer. In this capacity, he was responsible for all activities in North and South America, with 3000 employees and annual revenues of $1 billion. Prior to joining ING, Mr. Petrycki was President of Furman Selz LLC (which was acquired by ING in 1997) where he was directly responsible for domestic and international Equities and Fixed Income Sales, Trading and Research, Prime Brokerage, Investment Banking, Syndications, Offshore Administration and Private Asset Management. It was during his tenure at Furman Selz that Mr. Petrycki focused on developing the business of providing specialized brokerage services to hedge funds and asset managers. Previously, he held positions at Drexel Burnham, Lehman Brothers Management and State Street Bank.

Harry Needleman (Chief Operating Officer, General Counsel and Co-Founder)
Until July 2000, Mr. Needleman was Managing Director and General Counsel to several operating departments at ING Barings Americas and Furman Selz LLC, including the Prime Brokerage Division, which provided brokerage services to hedge funds and asset managers. Previously, he was General Counsel and Executive Vice President of the Cantor Fitzgerald group of companies and in the Law Department of Merrill Lynch. Mr. Needleman received his J.D. from St. John's University School of Law.

Who are the heads of Sales and Trading?

Brian Kenney (Director of Trading)
Mr. Kenney has over 12 years Wall Street experience, most recently as managing director at Schwab Soundview Capital Markets. Prior to Schwab, he was a managing director at Soundview Technology Group, which he joined in early 1992. Mr. Kenney is a graduate of SUNY Oneonta.

Myles P. Lavelle (Director of Sales)
Mr. Lavelle has over 12 years Wall Street experience, most recently as head of east coast sales at Schwab Soundview Capital Markets. During his career, Mr. Lavelle worked at Soundview Technology Group as a managing director in research sales and at Bear Stearns as a vice president on the government bond desk. He is a graduate of Columbia University.

Michael Maloney (Head of Trading)
Mr. Maloney began his career at Donaldson, Lufkin & Jenrette Securities in New York, trading U.S. equities in their NASDAQ department. In early 1999, he relocated to London with DLJ, taking a leading role in developing their international equities division and non-dollar trading activities. In November 2000, Mr. Maloney joined Citigroup as a director in their U.S. equity division in New York, eventually co-heading their technology trading sector. In 2003, he was hired by Bank of America Securities as a principal in their global equities division and co-head of the NASDAQ product, and played a leading role in helping BofA rebuild their institutional business in New York. Mr. Maloney has 10 years of Wall Street experience and has specialized in trading technology and telecommunications companies throughout his entire Wall Street career. He completed his undergraduate studies at Johns Hopkins University and his graduate studies at Harvard University.

Martin V. Alonzo (Manager, Block Trading)
Mr. Alonzo has over 20 years experience on Wall Street as Managing Director-Trading with ING Barings/Furman Selz, Lehman Brothers, Dean Witter Reynolds, and A.G. Becker Paribas. He was awarded an M.B.A. in Finance by Cornell University.

Peter Battaglia (Broker Dealer Sales - Alternative Exchange Department)
An individual with over 25 years experience on Wall Street, Mr. Battaglia most recently was an Executive Vice President and the Head of Broker/Dealer Sales Trading at BrokerageAmerica, LLC. Previously, he was a Vice President and the Head of Broker/Dealer Sales Trading at NDB Capital Markets, a division of Deustche Bank (formerly Sherwood Securities) for seven years. Prior to that, Mr. Battaglia was an Assistant Vice President of Correspondent Sales and Broker/Dealer Liaison at Troster Singer (a division of Spear Leeds and Kellogg). He is a member of the Board of Directors of the Security Traders Association of New York and serves on the Membership and Arrangements Committees. He is also a member of the National Security Traders Association, where he serves on the Arrangements Committee, and a member of the Institutional Equities Traders Association of Toronto in Ontario, Canada. Mr. Battaglia holds a B.A. degree from Hunter College in New York City.

Mark A. Esposito (Manager, Program Trading)
Prior to joining Fulcrum Global Partners, Mr. Esposito was the Head of Program Trading at SWS Securities in Dallas, one of its managing producers and the firm's number one salesman. Prior to SWS, Mr. Esposito helped establish and grow the institutional trading effort at Olde Discount Corp. where he was also the number one producer in the institutional sales effort. He began his career at J.P. Morgan and Company in New York City and is currently a Director on the Board of the Dallas Securities Traders Association. Mr. Esposito has a degree in Business Administration from the University of Connecticut.

What is the genesis of the firm?

Fulcrum's founding partners saw that many institutions, portfolio managers, and hedge funds, on all levels, have been under-served by brokerage firms ignoring the demands for unbiased research. Research produced by the large ubiquitous research providers many times is neither insightful, in-depth nor results oriented. By opportunistically aggregating the prime independent analytical research resources, Fulcrum provides a superior branded research product geared only to action-oriented recommendations.

What is the "Fulcrum" Point?

Our analysts are challenged to fully understand the companies they follow, free from bias including the bias of their own ratings. By truly comprehending both the bull and the bear cases for a stock, our analysts are better able to discern the critical point separating the two. Our analysts focus their research efforts on these critical drivers and use proprietary research to try to uncover crucial information before the rest of the Street.