Butterfield Fulcrum Snags Old Friend To Head U.S. Effort

Jul 13 2011 | 9:34am ET

Hedge fund administrator Butterfield Fulcrum Group has welcomed former executive and longtime hedge fund services veteran Jeffrey Strauss back into the fold.

Strauss has been named head of U.S. operations and president of Butterfield Fulcrum Group (U.S.), the firm said today. The former managing director of business development at the administrator will be charged with overseeing all aspects of U.S. business, among them sales, marketing, operations and growth.

Strauss rose to chief of staff for U.S. client services at Goldman Sachs during a 23-year career that included prime brokerage roles. He then joined hedge fund Sierra Global before moving to Butterfield Fulcrum the first time. Most recently, he was global head of sales at HedgeServ Corp.

"Jeff is a senior and seasoned industry executive and we are delighted to welcome him back to Butterfield Fulcrum, where he will be responsible for further strengthening our client relationships and our industry presence," Glenn Henderson, CEO, said. "With Jeff's return our focus will be to strengthen our middle office offering as part of our whole services solution. Jeff brings extensive experience with full service client solutions both for fund administration and the alternative asset management sector that will be of immediate benefit to our clients."

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