Computers

Backstop Solutions Group increases staff and opens regional offices

Backstop Solutions Group, a provider of Software-as-a-Service platforms for the alternative asset management industry, has expanded in New York and Los Angeles.

The regional offices will cater to the east and west coasts.

“In the beginning of 2010 we committed to the market that we’d expand our local presence to align with our strategic goals,” says Geoff Surkamer, global head of sales and marketing. “We are pleased to report that in the first half of the year we’ve delivered on that commitment.”

In the first six months of 2010, BSG added a record number of new hedge fund, endowment, pension, fund of funds, and private equity fund clients, growing its global client count by nearly 33 per cent.

As a part of the 2010 global sales expansion, BSG also increased its head count across all departments.

Michael Gull comes to Backstop with over 20 years of financial industry experience, ten of which focused on alternative asset management. Before joining BSG, Gull worked as a senior vice president and head of global sales at Archway Technology Partners.

Sandy Lelievre has spent her entire career working in the financial services industry and was formerly the vice president of investor relations at Canyon Capital Advisors. Lelievre will oversee the sales efforts for the western region of the US.

Gary Mills joins BSG with over 15 years of experience in the alternative investment software industry, most recently at SunGard Alternative Investments, with positions in sales and as vice president of product marketing. Mills will be in charge of growing sales in the central region in addition to several key vertical markets.

Earlier in the year BSG opened its Asia Pacific and European offices in Hong Kong and London.

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