The US arm of Asia-based brokerage CLSA has made three new hires to its institutional equities division.

Pope Fabrizio, most recently head of US equity sales at Nomura Securities, joins as a managing director and senior institutional salesperson. He will be based in Boston.

Scott Bauer, who has left Cowen Group, has been named as a director and ex-Goldman Sachs executive Michael Ferrara joins as a vice president within the recently formed electronic services division.

The new unit combines portfolio trading and algorithmic trading under one product line.

Both Bauer and Ferrara will be based in New York.

Rick Gould, chief executive of CLSA Americas said the firm is “keenly focused” on growing institutional sales as well as electronic services efforts.

“We are investing in new talent and technologies to bring new products to market, to offer our clients differentiated research, and to find innovative and creative ways to help clients access liquidity and provide optimized trade execution,” he added.