Direxion Investments has added four professionals to its distribution team. The team now includes seven external Regional Directors and four Institutional Strategists. Including the internally-based sales professionals, the total distribution team now stands at nineteen. Brendan Cavanaugh has been appointed Vice President, Capital Markets Institutional Strategist, based in New York City. He will support Direxion’s institutional clients. Mr. Cavanaugh was formerly Vice President for Global Corporate Access at Goldman Sachs. Phillip Hall has joined Direxion as Senior Vice President, Regional Director serving the North Central territory, based in Chicago. Mr. Hall is a fifteen-year veteran of Morgan Stanley, and most recently worked as the Regional Business Development Manager in the Southern California Region. Michael Lee Jr., CAIA, is the new Senior Vice President, Regional Director for the Southeast, based in Raleigh, N.C. Mr. Lee previously served as a Regional Director at Hatteras Funds,. John Vaughan, CAIA, serves as Senior Vice President, Institutional Strategist. Mr. Vaughan advises institutions and financial advisors on their investment strategies, and has held senior positions at Eaton Vance, Fidelity Investments, Hatteras Funds and Salient Partners. Direxion Investments offers liquid, tactical and strategic institutional-quality ETFs and mutual funds for investors. Founded in 1997, the company has approximately USD8.4 billion in assets under management as of June 30, 2014.