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Horizon Cash Management LLC has appointed Michael O'Phelan to the newly created position of senior director of sales.

In his new role, O'Phelan, 40, who reports to Diane Mix, President, and Pauline Slager, Senior Managing Partner, will oversee sales efforts globally and is responsible for building a sales team.

"We are excited to have a professional on board who is dedicated solely to sales," said Slager. "Michael will aid us tremendously as we continue to build business in our core markets and gain considerable traction in new areas."

O'Phelan brings more than 15 years of financial sales and marketing experience to Horizon. Most recently, he was a principal at Kilimanjaro Asset Management, a San-Francisco based hedge fund, where he was responsible for sales and client services. Prior to Kilimanjaro, he was director of global client service & marketing at Moody's KMV and head of marketing at Bloomberg LP where he directed global marketing and product development for derivative products. He received a Bachelor of Science in Physics and Mathematics from Loyola University of Chicago.

Background notes: Established in 1991, Chicago-based Horizon Cash Management provides customized portfolio and treasury services to hedge funds, funds-of-funds, futures funds and family offices worldwide. With more than USD 3 billion in assets under management, Horizon seeks to maximize cash balance returns while providing daily risk management for alternative fund investors and managers. Horizon is a registered investment adviser with the US Securities and Exchange Commission.

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