Butterfield Fulcrum Rehires Former MD Jeffrey Strauss After Stint At HedgeServ

Senior industry executive Jeffrey Strauss has returned to Butterfield Fulcrum to head US operations after spending two years with competitor HedgeServ Corp.
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Senior industry executive Jeffrey Strauss has returned to Butterfield Fulcrum to head US operations after spending two years with competitor HedgeServ Corp.

As president of Butterfield Fulcrum Group (US) Inc, Strauss will be responsible for all aspects of the US market for the company including sales, marketing, operations and growth. Before joining HedgeServ, he was managing director of business development for Butterfield Fulcrum for about a year and a half.

Jeff is a senior and seasoned industry executive, and we are delighted to welcome him back to Butterfield Fulcrum, where he will be responsible for further strengthening our client relationships and our industry presence, says Glenn Henderson, CEO of Butterfield Fulcrum. With Jeffs return our focus will be to strengthen our middle-office offering as part of our whole services solution. Jeff brings extensive experience with full-service client solutions both for fund administration and the alternative asset management sector that will be of immediate benefit to our clients.

Strauss adds: Butterfield Fulcrum is poised to build on its reputation as a leading independent fund administrator, and I am extremely pleased to be rejoining the team to help lead that effort. This senior management team has many years of joint experience, and under Glenns leadership we are again directing all of our efforts to providing our clients with an unrivalled full-service fund administration service model.

Strauss brings more than 30 years experience in financial services and the alternative asset management sector with a focus on client services, fund administration, prime brokerage, hedge funds and broker dealers.

In his time at HedgeServ, he served as global head of sales. Strauss retired from Goldman Sachs in March 2006 after 23 years at the investment banking firm. At the time of his retirement he was the chief of staff for the US Client Services Group. Before being named chief of staff, he managed the prime brokerage sales and marketing team focused on fundamental long/short hedge funds.

(CM)

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