U.S. Bank Hires Alts. Biz. Dev. Chief For Admin. Unit

Sep 21 2012 | 11:04am ET

US Bancorp's fund administrator has a new point man on alternative investments.

Michael Milmoe was named a senior vice president and alternative investments business development officer at US Bancorp Fund Services. He joins the firm from JPMorgan Chase, where he was executive director of worldwide securities services.

Milmoe will be based in San Francisco.

Milmoe's "extensive financial services background in alternative investment administration provides a valuable resource to hedge fund, fund of funds and private equity managers, including innovative solutions for fund valuation, financial reporting, compliance, tax, investor services, and custody and treasury services," Bob Kern, director of business development for the fund unit, said. "We are seeing significant interest from alternative managers in US Bank’s asset servicing capabilities, and Mike’s experience will be critical to continuing our consultative support to this important market.”


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.