JPMorgan Adds Dexia Exec. To Luxembourg Office

Apr 23 2010 | 11:28am ET

JPMorgan Chase has replaced Sanjiv Sawhney, last month named head of global fund services at Citigroup, as head of its Luxembourg custodial office.

Laurent Vanderweyen joins JPMorgan from RBC Dexia, where he was managing director of its office in the Grand Duchy. JPMorgan is the largest custodian in Luxembourg, with US$468 billion in assets under custody.

Sawhney is now head of fund administration for hedge funds, private equity funds and mutual funds at Citi.

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    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…