Cantor Fitzgerald announced that industry veteran and longtime UBS executive William (“Bill”) Ferri has joined the firm as Global Head of Asset Management to lead the expansion of the platform.

Cantor Fitzgerald Asset Management (“CFAM”) is seeking to dramatically grow its footprint in client-focused outperforming strategies. Ferri will oversee the growth strategy of CFAM to increase its footprint in opportunities that range from private markets such as real estate, infrastructure and private credit, to equity, hedge funds, as well as emerging opportunities in the crypto ecosystem.

Howard Lutnick, Chairman and CEO of Cantor Fitzgerald commented on today’s announcement, “Bill is a strong addition to Cantor’s executive team, with over two decades of leadership including one of the largest asset managers in America. His experience and leadership skills will drive CFAM to deliver differentiated investments across the most interesting and in-demand markets for our clients.”

Ferri added, “I’m excited to leverage Cantor Fitzgerald’s broad reach, its powerful relationships and intellectual capital in building on CFAM’s existing foundation. We plan to identify strategic opportunities that we believe can create attractive client outcomes.” Reflecting Cantor’s agility, Lutnick and Ferri will seek to execute the strategy through a combination of organic and inorganic growth, as well as strategic partnerships and joint ventures.