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   » » Wiki: Jeremy Frommer
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Jeremy Frommer
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Jeremy Frommer is an American financier and entrepreneur based in New Jersey. His career includes over two decades on , working as a and portfolio manager, and on the sell-side of the financial industry, building and selling two financial services companies. He is CEO of Jerrick Ventures Inc., a company that acquires, develops and produces content across all forms of media. Frommer is depicted in ' book Flash Boys. In 2012, Frommer discovered the "Guccione Collection," a large collection of unpublished works and photos owned by , the founder of the Penthouse empire.


Early life and education
Frommer grew up on the East Coast and attended the in Paramus, New Jersey. In 1987, Frommer worked as an intern in the equity division of Inc. He later graduated magna cum laude from the University at Albany, SUNY, with a B.A. in philosophy, and studied at the London School of Economics.


Career
In 1990, Frommer began his professional career on the high yield bond and desk at Kidder, Peabody & Co. He was recruited by Mark Patterson in 1993 to the proprietary distressed debt group at BT Securities (), responsible for managing trading activities for the firm's distressed debt accounts. In 1995, Frommer joined Scott Keller at Guard Hill Capital, a hedge fund founded by Keller. Frommer served as a senior partner. In 1997, he left Guard Hill Capital and joined Royal Bank of Canada (RBC), where he worked for the then-head of global equity derivatives and then president/co-CEO of RBC Capital Markets, Mark Standish. In 2000, Frommer was hired by Bank of America, where he managed portfolios of distressed debt and merger arbitrage securities under the asset management of Jonathan Sandelman, who later founded Sandelman Partners.

In 2002, Frommer started NextGen Trading, a software development company building proprietary equity trading platforms. In 2002, NextGen became an affiliate of Carlin Financial Group (Carlin), which bought NextGen in 2004. Frommer became president and COO before serving as of the company. Carlin was acquired by RBC Capital Markets Corporation, on January 2, 2007, for an undisclosed amount.

At RBC, Frommer was managing director, head of the Global Prime Services group (GPS) and a member of the RBC Global Prime Equities Operating Committee. RBC's Global Prime Services incorporated the bank's global prime brokerage business and reflected the trend blurring the lines between traditional and hedge funds, increasing competition between prime brokers and .

In 2012, Frommer acquired the creditors assets of the late media mogul , publisher of Penthouse, Omni, Viva, 's Longevity, and other periodicals. Frommer partnered with film producer to buy the entirety of the Guccione archives, including dozens of Guccione's paintings.

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