Apex Fund Services has appointed Daniel Strachman as head of US business development, taking responsibility for US growth initiatives and the delivery of proactive fund administration opportunities to fund management clients.
Strachman has more than 20 years of experience within financial services with his most recent role being managing director at A&C Advisors.
Prior to this Strachman also held positions at Morgan Stanley and Cantor Fitzgerald.
“Daniel is a really important addition to our US team at this time and he brings with him unrivaled experience of the local asset management space,” said Peter Hughes, CEO and founder at Apex Fund Services.
“The appointment of such an experienced investment expert demonstrates our commitment to expanding Apex’s US market presence and providing clients with the best and most knowledgeable local support available.”
Strachman is also the author of nine investment strategy books including ‘The Fundamentals of Hedge Fund Management’ and ‘Getting Started in Hedge Funds.’
“I am truly excited and thrilled to be joining Apex at this pivotal time in the fund management industry,” said Strachman.
“Never before has the industry been under so much market, fee, performance and regulatory pressure where a truly independent fund administrator is needed and warranted by investors and managers alike.”