Monday, 22 September 2014
Last updated 10 min 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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.