Saturday, 2 August 2014
Last updated 10 hours ago
Oct 15 2012 | 7:05am ET
Maples Fund Services has expanded its U.S. operations with the hire of Megan Corcoran, director of business development, for the Americas.
In her new role Corcoran will be based in New York and will work closely with Scott Somerville, CEO of MaplesFS, and Toni Pinkerton, global head of fund services, to sell fund administration, middle-office and risk services to hedge funds and the alternative investment market.
With an increase in assets under administration of more than 30% over the past year, the addition to the business development team is primarily in response to expanding market share in North America.
“Megan’s experience providing customized solutions to clients opens opportunities for us to continue to expand into new market segments in the U.S.,” Pinkerton said. “With the continued enhancement of our product and technology offering, our business has grown considerably over the past year.”
Megan was previously director of sales and marketing at GlobeOp Financial Services, where she was responsible for selling middle and back office solutions, fund administration and risk services to alternative investment firms and institutional investors in North America. Prior to that, she was director of business development at Fulcrum, where she sold hedge fund administration globally.
Maples Fund Services is an independent global fund services provider. It has offices in the Cayman Islands, Dubai, Dublin, Hong Kong, Luxembourg, Montreal and New York.