US Bancorp Administrator Hires PFS' Secondo

Feb 8 2011 | 12:05pm ET

US Bancorp has added a prime brokerage veteran to head its alternative investment business development.

Michael Secondo was named a senior vice president at US Bancorp Fund Services. He'll focus on the firm's administration and custody services, working from its New York office.

Most recently, Secondo was at ABN Amro as director and team leader at its Prime Fund Solutions prime brokerage business. He formerly worked at Citigroup, also in hedge fund administration and prime brokerage.

"We are excited Michael joined our growing sales team," Bob Kern, director of sales and marketing at US Bancorp Fund Services, said. "His depth of experience in hedge fund accounting, administration, custody and investor servicing complements our consultative support to our alternative investment management clients."


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...