Apex Fund Services has appointed Daniel Strachman as head of US business development.
Strachman (pictured) brings more than 20 years of financial services experience having held positions at Cantor Fitzgerald and Morgan Stanley.
He led A&C Advisors for 16 years delivering strategic guidance, counsel and support to investment management companies and institutional investors.
Strachman is the author of nine investment strategy books including “The Fundamentals of Hedge Fund Management and Getting Started in Hedge Funds”. In his new role at Apex he will drive US growth initiatives and deliver fund management clients with proactive fund administration solutions.
Peter Hughes, founder and chief executive officer, Apex Fund Services, says: “Daniel is a really important addition to our US team at this time and he brings with him unrivalled experience of the local asset management space. The appointment of such an experienced investment expert demonstrates our commitment to expanding Apex’s US market presence and providing clients with the best and most knowledgeable local support available. Daniel’s career speaks for itself and his background and subsequent knowledge base will help drive our North American presence forward as we continue to expand our local footprint.”
Strachman says: “I am truly excited and thrilled to be joining Apex at this pivotal time in the fund management industry. Never before has the industry been under so much market, fee, performance and regulatory pressure where a truly independent fund administrator is needed and warranted by investors and managers alike. I look forward to expanding Apex’s reach in the market by delivering exactly what the market needs."