Makor Capital, a fast-growing agency brokerage group that was set up two years ago by former senior executives from Cantor Fitzgerald, wants to expand its headcount by 50% over the next six months and is seeking to pick up staff laid off by banks.

Makor, which has grown from two people at its launch to more than 40, said it wants to hire an additional 20 or so this year, as it plans to capitalise on banks cutting back their coverage of smaller hedge funds.