Backstop Solutions Expands To Coasts, Increases Headcount

Jul 30 2010 | 10:52am ET

Backstop Solutions Group, which provides Software-as-a-Service platforms to the alternative asset management industry, recently announced the firm's expansion to New York and Los Angeles.

“In the beginning of 2010 we committed to the market that we’d expand our local presence to align with our strategic goals,” said Geoff Surkamer, global head of sales and marketing.

In the first six months of 2010, Backstop added a record number of new hedge fund, endowment, pension, fund of funds, and private equity fund clients, growing its global client count by nearly 33%. As a part of the 2010 global sales expansion, Backstop also increased its head count across all departments.

Recent hires include Michael Gull, who before joining Backstop worked as a senior vice president and head of global sales at Archway Technology Partners. Sandy Lelievre also recently joined the firm. She was formerly the vice president of investor relations at Canyon Capital Advisors. Finally, Gary Mills also joined Backstop, and was most recently at SunGard Alternative Investments, with positions in sales and as vice president of product marketing.

Earlier in the year Backstop opened its Asia-Pacific and European offices in Hong Kong and London.


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

The Life Settlement: Yield For The Investor And Cash For The Consumer

Mar 31 2015 | 6:48am ET

Investors are languishing in a yield-starved, low-interest rate environment, looking...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note