Tuesday, 28 March 2017
Last updated 17 hours ago
Jan 3 2017 | 10:23pm ET
Global independent fund administrator Apex Fund Services has hired Daniel Strachman as head of business development for the company’s U.S. unit.
In his new role at Apex, Strachman will drive U.S. growth initiatives and deliver fund management clients with proactive fund administration solutions, the company said in a statement.
Strachman brings more than twenty years of in-depth financial services experience to the position. Previously, he held positions at Cantor Fitzgerald and Morgan Stanley, and delivered strategic guidance, counsel and support to investment management companies and institutional investors for sixteen years as managing partner of hedge fund consultancy A&C Advisors.
Strachman is also the author of nine investment strategy books, including “The Fundamentals of Hedge Fund Management” and “Getting Started in Hedge Funds.”
“Daniel is a really important addition to our U.S. team and he brings with him unrivaled experience of the local asset management space,” said Peter Hughes, founder & CEO of Apex Fund Services, in the statement. “The appointment of such an experienced investment expert demonstrates our commitment to expanding Apex’s U.S. market presence."
Founded in Bermuda in 2003, Apex Fund Services is one of the world’s largest independent fund administration and middle office solutions providers. The firm’s product suite surrounds core administrative services with additional products ranging from information delivery and regulatory products to capital introduction services, and administers the investments of some of the largest funds and institutional investors in the world.