The hire marks BNP Paribas’ strategy to grow its fund administration business for hedge funds and private capital funds for the region.
Tag: hedge funds
Deutsche Bank has also named two new co-heads of prime finance, as it looks to renew business with hedge funds.
Initial Prime Brokerage Survey results show capital introduction to be the lowest ranked service area, according to hedge fund respondents.
The global heads of capital introduction at some of the biggest prime brokers have left this year to pursue new ventures.
Setting up OFCs is said to save time and cost for managers establishing funds at other domiciles and distributing funds in Hong Kong.
Dylan Curley joins as global head of business development, where he will lead global sales to long-only and alternatives investment clients.
The French bank has identified hedge funds as a key growth target over the past year, being one of a small group of remaining bank-owned hedge fund administrators.
Global Custodian speaks with Peter Sanchez, Northern Trust’s head of North America alternative fund services, seven years after the acquisition of Omnium which set him on a new career path.