Northern Trust Adds European Biz. Dev. Chief

Nov 30 2012 | 8:42am ET

Hedge fund fund administrator Northern Trust has a new pointman for Western Europe's main hedge fund centers.

Edwin Parker was tapped to expand Northern Trust's alternative investments business development effort in the U.K., Ireland, Luxembourg and the Channel Islands. He is charged with selling the firm's services to hedge funds, private equity funds, real-estate funds and infrastructure funds in the region.

Parker joins Northern Trust from Butterfield Fulcrum, where he was a managing director. He formerly served as business development manager for Europe, the Middle East and Africa at SS&C Hedge Fund Services.

"Following the establishment of Northern Trust Hedge Fund Services we have expanded our range of middle-office and fund administration solutions and gained more than 40 new clients, located in Ireland, the Channel Islands, Cayman Islands, Scandinavia and the Asia-Pacific Region," Madeleine Senior, head of sales for asset services in the region, said. "Through our specialist hedge fund technology platform, we can support the full lifecycle of virtually any strategy or asset class currently employed by alternative funds, helping clients achieve high levels of efficiency and processing control."

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