MUFG Investor Services has appointed Michael McCabe as sales director in New York.
McCabe joins from BNY Mellon’s alternative investment services business where he spent more than 10 years in charge of the North American business development team.
In his new role, he will play a key role in driving business development in North America for MUFG’s asset servicing solutions across hedge funds, fund of funds, and private equity and real estate funds.
These solutions include fund administration, middle-office outsourcing, custody, depository, trustee, fund of hedge fund financing, foreign exchange and wider banking services
John Sergides, global head of business development and marketing at MUFG, said: “McCabe’s appointment reflects our long-standing commitment to providing best in-class asset servicing solutions for our clients.“
“With his wealth of experience and extensive knowledge of the alternative investment industry, McCabe will be a key asset in driving the business forward and supporting our organic growth strategy.”
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