HazelTree, a provider of Treasury management services for alternative investment managers, has announced the appointment of Paul Calderone to the position of Managing Director of Operations, effective immediately.
Calderone brings a wealth of knowledge and experience from his years in institutional sales and development at Credit Suisse. In his new position, he will manage all aspects of HazelTree’s rapidly expanding operations, which are focused on delivering high-performance Treasury functionality to multi-primed hedge funds.
"HazelTree’s client base has tripled over the past six months, so Paul is joining us at a particularly exciting and opportune time," says company CEO Stephen Casner (pictured). "His experience and ideas will add critical value to our operations as we continue to grow our business and solidify our position as the pre-eminent provider of Treasury services for hedge funds."
"Asset managers face increasing complexity as they deal with multiple counterparties, operational systems and regulations. The cost of managing that complexity can be high and HazelTree will be at the forefront in delivering cost effective, next generation solutions to the industry," says Calderone.