State Street boosts Asia Pacific hedge fund servicing team
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State Street boosts Asia Pacific hedge fund servicing team 14 February 2012Hong Kong Reporter: Anna Reitman
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State Street has announced the appointment of Dan McNicholas as head of sales for the firm's Alternative Investment Servicing Solutions (AIS) in Asia Pacific.
Based in Hong Kong, McNicholas will lead sales strategy for State Street’s hedge fund servicing, real estate and private equity operations across the region and will work closely with client-facing teams to develop sales strategies for its alternative investment capabilities. He joins State Street from Bank of America Merrill Lynch where he most recently worked as director and head of Financing Sales for Global Markets Financing & Futures, Asia Pacific.
“The market for alternative investment servicing solutions continues to accelerate and it’s crucial to our long-term growth in Asia Pacific,” said Carol Hall, senior managing director and head of AIS in Asia Pacific. “Many of our clients are facing unique challenges in the current market environment and require a range of front, middle and back office, as well as a broad range of risk, performance and analytics services as a critical component to their success. Dan is an industry veteran with an outstanding record. We are pleased to have him on board and look forward to continuing to sharpen our focus on delivering comprehensive alternative investment servicing solutions across the region.”
McNicholas has more than 15 years of experience in sales and client services with previous roles at Lehman Brothers and Deutsche Bank. He reports to Maria Cantillon, global head of AIS Sales.
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