When the prime brokerage industry was turned on its head after the crisis in 2008, Deutsche Bank emerged as a major winner. Scott Carter, 43, managing director in global prime finance for Deutsche in New York, represents the best of the next generation for prime brokerage leadership.

Carter’s job title these days — head of sales and capital introduction for North America and co–global head of hedge fund consulting — speaks to the burgeoning role of prime brokerage, an industry that began as the back office for hedge funds and has evolved into the primary lifeline for alternative investment firms.

The Johnson School at Cornell University MBA grad joined Deutsche in 1999, covering U.S. pension plans for fixed-­income derivatives products and then became senior structurer for the hedge fund derivatives ­business.

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