Butterfield Fulcrum, an independent administrator for the alternative investment industry, has opened a Chicago office to focus on client relationship management and US business development. Butterfield Fulcrum also has a North American office in Waterloo, Ontario.
Jim Gabriele, previously of Caledonian Fund Services USA, will run the office and serve as Managing Director, Head of Strategy. He is joined by John Peterson, also previously of Caledonian Fund Services USA, who will serve as Managing Director of Business Development.
On 31 March, Caledonian Fund Services completed an MBO of the company’s Chicago office and voted to merge with Butterfield Fulcrum Fund services.
L.D/G.T