Northern Trust has hired Edwin Chan (pictured), to spearhead sales across the alternatives fund sectors in Europe, Middle East and Africa (EMEA).
Reporting to John Grundy, institutional sales manager for Northern Trust’s Corporate & Institutional Services (C&IS) business in EMEA, Chan will focus on further accelerating the growth of specialist alternative asset servicing capabilities across private equity, real estate, infrastructure, renewable energy and debt funds.
“We are delighted to announce Chan’s appointment as we continue to expand our capabilities and our leadership in our alternatives business, which supports over USD1 trillion in assets on behalf of global asset managers and asset owners,” says Clive Bellows, head of Global Fund Services for EMEA. “His experience and expertise is impressive; and combined with Northern Trust’s forward looking strategy and cutting edge capabilities, will enable us to provide innovative solutions for our sophisticated client base.”
Chan joined Northern Trust from SS&C GlobeOp where he was a senior director in business development. Prior to this he held various senior positions at HSBC in Hong Kong, Citi in Bermuda, Wells Fargo and Black River Asset Management in the UK. He has more than eighteen years of industry experience having qualified as a Chartered Accountant with PwC in London.
Northern Trust offers an extensive range of middle and back office administration solutions across the full spectrum of alternative asset classes for both asset managers and asset owners. Earlier this year Northern Trust announced the launch of the first commercially viable blockchain technology tailored for the private equity market. This innovation was recognised with the award of Private Equity Fund Administrator of the Year from Global Investor Group/FOW. Northern Trust recently received three awards from Funds Europe magazine: European Administrator of the Year and European Innovator of the Year, in addition to an award for European Thought Leader of the Year.