Butterfield Hires Former JPMorgan, Goldman Execs.

Mar 16 2009 | 12:22pm ET

Hedge fund administrator Butterfield Fulcrum has appointed William Montgomery as director of business development and Maribel Montero Cowell as senior business development manager. Based in the firm’s London office, Montgomery and Cowell will both report to Joost Lobler, managing director of business development for Europe, Middle East and Asia.   

Montgomery most recently served as vice president for JPMorgan Hedge Fund Services while Cowell joins from Equity Trust, where she worked at Equity Fund Services as business development manager for Europe. She also held several roles at Goldman Sachs and UBS.
 
“Compliance and regulatory pressures are raising the profile of operational risk management amongst funds,” said Lobler. “A growing number of alternative managers are seeking a more full service offering, especially middle office services, in order to demonstrate to their investors that their systems, controls and governance are effective. As a result we see an increased interest in our services, and have decided to invest further in business development.”


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