MUFG Investor Services has appointed Danny Hook as an executive director of relationship management.
Based in New York, Hook will report to Mac Kirschner, global head of client relationship management.
Hook will be responsible for developing client solutions within the alternative investment space, and for strengthening existing client relationships.
He joins from Blackstone, where he was a managing director, heading up fund accounting, product structuring, middle-office and trading operations teams for the alternative asset management hedge fund solutions platform.
Kirschner said: “Our alternative investment clients are experiencing a new set of operational hurdles that will continue to evolve across geographies.”
He added: “Danny Hook’s experience working for the largest alternatives manager in the world will provide valuable counsel for our clients as they increasingly require an equipped and trustworthy partner to navigate new regulations and stay ahead of technological trends.”
Hook commented: “MUFG's ability to partner with their clients to provide a full and comprehensive suite of innovative solutions, [including] banking, custody, depository, fund financing, foreign exchange and fund administration, and a top-five global balance sheet to support it stands alone. As the industry landscape continues to evolve, MUFG is well positioned for future growth.”
The announcement follows the appointment of Joe Latini to MUFG Investor Services as an executive director of relationship management in April, and a string of hires to the European and global teams in 2016.
