Butterfield Fulcrum Names New CEO

Jul 8 2010 | 8:56am ET

Hedge fund administration firm Butterfield Fulcrum has appointed Michael Clark as its new chief executive officer.

Clark was most recently president of the institutional products group at Fidelity Investments, and prior to that he was CEO of both JPMorgan’s Worldwide Securities Services and its Trust and Clearing Services.

The appointment comes as Akshaya Bhargarva, current CEO, leaves the company after three years at the helm of the business.

“The move complements Butterfield Fulcrum’s continuous effort to attract the best executive expertise available with new and emerging  technologies to deliver a truly best-of-breed set of solutions," said Jill Considine, chairman of Butterfield Fulcrum.

Butterfield Bank and Fulcrum Group merged in 2008, creating the current entity.


In Depth

High Time For A Cannabis Hedge Fund?

Sep 30 2014 | 7:07am ET

Launching a hedge fund is always a gamble, but Leslie Bocskor's decision to launch...

Lifestyle

Griffin Donates $1M To Rauner's Illinois Gov. Campaign

Sep 22 2014 | 9:29am ET

Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel...

Guest Contributor

Appraisal Ratio Key To Evaluating Hedge Funds And Other New Investments

Sep 29 2014 | 3:07pm ET

As a former finance professor Peter Hecht experiences heartburn every time he hears...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

September 2014 Cover

High frequency market making

High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.