Global hedge fund administrator Fulcrum Limited has hired Fred Jacobs as managing director in charge of business development in the U.S. He will report directly to Glenn Henderson, the firm’s global head of sales. 

Jacobs joins Fulcrum from PFPC Global Fund Services, where he served as senior vice president for Global Fund’s business development group. In that position he was responsible for managing the international and alternative investment sales forces and developing strategy.

“Fred brings twenty years of experience in global financial services and alternative sales and relationship management to Fulcrum,” said Henderson. ”His expertise in creating opportunities to access new markets, and his extensive network of contacts with key business leaders, will serve as vital additions to Fulcrum at this stage of the firm’s evolution.”