State Street has appointed Paul McLaughlin to head of operations for State Streets Alternative Investment Solutions team in Guernsey. McLaughlin will help further build the companys alternative investment servicing business in Europe, Middle East and Africa (EMEA) with a particular focus on the private equity and real estate funds sectors.
He joins from BNY Mellon in Dublin where he worked for 11 years, most recently as head of alternative investment servicing fund of funds and private equity for EMEA. He also gained experience with the BNY Mellon hedge fund business spending time in its North America and Bermuda offices.
Phil McGowan, senior managing director of State Streets private equity, real estate and corporate services business in Europe, the Middle East and Africa commented: Paul has vast experience in the alternative investment market globally and this knowledge will play a pivotal role in further ensuring that State Street in Guernsey continues to contribute to business growth across Europe. This senior appointment also cements State Streets commitment to the Channel Islands as the hub of our private equity and real estate investment servicing business in EMEA.
(JDC)