Lehman Brothers has promoted one of its own to the new role of head of capital introductions, to bring together investors and hedge funds as it expands its prime brokerage unit in a bid to compete with larger rivals.

Lehman Brothers has appointed Thomas Goss as the head of capital introductions in its prime brokerage division. He will report to Steve Silberstein, head of capital introductions and Mandy Mannix, head of global prime brokerage.