Prime Fund Solutions, recently purchased by Credit Suisse from Fortis Bank Nederland, has made a number of new hires in Singapore and New York.
In December 2009, FBN entered into exclusive negotiations with Credit Suisse on the sale of PFS, which was concluded in May 2010. The deal will close by the end of 2010.
Jay Moghe has joined PFS Singapore office as Deputy Managing Director in charge of Sales and Relationship Management. Moghe previously founded Asian Alternative Consulting after senior positions at OPAM/Stork Capital and APS Asset management.
Martin Lui has taken on the role of director of Client Services and Operations in Singapore. Lui was recently in the Alternative Fund Services division of Citibank N.A in Singapore. Prior to joining Citibank, Lui worked for Bermuda Trust in Hong Kong and Singapore.
Jason Ganz has been appointed vice president of Sales and Relationship Management in the New York office. Ganz previously worked at Sungard in the securities finance group following four years of experience at Banc of America Securities prime brokerage business. Ganz was also a founding partner of OpHedge Investment Services and worked at Long Term Capital Management.