Northern Trust has appointed Liam Butler as head of Northern Trust Hedge Fund Services in Europe.
“Since the establishment of Northern Trust Hedge Fund Services we have seen an increasing demand in particular for our middle office services across the globe,” says Peter Sanchez, global head of Northern Trust Hedge Fund Services. “In his new role, Liam will build on our 20 year-experience of hedge fund administration in the region and ensure we continue to support our clients’ with the most innovative, leading-edge technologies.”
Northern Trust Hedge Fund Services was established in 2011, following Northern Trust’s acquisition of Omnium from Citadel. Since its inception, it has gained 40 new clients across the globe, including most recently the appointment by Bridgewater Associates, one of the world’s largest global hedge fund managers, to independently replicate certain middle and back-office services for its USD140bn in assets under management.
Butler joined Northern Trust in 2011 and was most recently managing director of Northern Trust Securities Services (Ireland) – the business formed following the acquisition of Bank of Ireland Securities Services.