Northern Trust Names Sheikh as Head of Hedge Fund Services in Asia Pacific

Nov 12 2015 | 2:30pm ET

Northern Trust has promoted Ali Sheikh to the position of head of Hedge Fund Services, Asia-Pacific.

Based in Hong Kong, Sheikh will be responsible for leading Northern Trust’s Hedge Fund Services business across the Asia-Pacific region. He will report to Peter Sanchez, global head of Northern Trust Hedge Fund Services.

“We are pleased that Ali will be leading our Hedge Fund Services Business in Asia-Pacific,” said Sanchez. “With record assets of US$5.3 billion raised in Asia, the hedge fund industry continues to evolve with service demands. Northern Trust understands the challenges and is uniquely positioned to cater to industry movements.”

Sheikh joined Northern Trust in 2011 as a part of the firm’s acquisition of Omnium LLC from Citadel, where he began working in 2008. Most recently, Sheikh played a leading role as senior relationship manager for Northern Trust’s Hedge Fund Services Business in New York.

Northern Trust’s Hedge Fund Services division provides asset management industry  solutions, including comprehensive middle office and administration services, trade processing, valuation, real-time reporting, cash management, accounting, collateral management and investor servicing. 

Founded in Chicago in 1889, Northern Trust Corporation is a provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. As of September 30, 2015, Northern Trust had assets under custody of $6 trillion, and assets under management of $887 billion. 

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