OpHedge Snags JP Morgan Vet

Oct 31 2006 | 10:15am ET

Hedge fund administrator OpHedge Investment Services has hired Phil Sileno as chief financial officer. The announcement comes the same day that hedge fund technology provider Paladyne Systems released a paper saying that hedge funds are increasingly outsourcing their operations, which is creating rich opportunities for service providers.

Prior to joining OpHedge, Sileno spent 16 years at JP Morgan Chase, most recently as vice president of planning and analysis for JP Morgan’s asset and wealth management business. 

OpHedge’s Chief Executive Officer, Tom Chang, remarked that “[Sileno’s] extensive financial management and business planning experience will be a great addition to OpHedge given our increasingly recognized status as a premier provider of middle and back office operations and fund accounting services to the hedge fund industry.”


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...