Northern Trust has hired Ali Sheikh as new head of hedge fund services for Asia-Pacific.
Based in Hong Kong, Sheikh will report to Peter Sanchez, global head of Northern Trust Hedge Fund Services.
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In his new role, Sheikh will be in charge for managing Northern Trust’s hedge fund services business across the Asia-Pacific region.
Sheikh, who joined Northern Trust in 2011, was most recently senior relationship manager for Northern Trust’s hedge fund services business in New York.
He joined Northern Trust as a part of the company’s acquisition of Omnium from Citadel, where he started working in 2008.
Sanchez said: "With record assets of US$5.3 billion raised in Asia, the hedge fund industry continues to evolve with service demands. Northern Trust understands the challenges and is uniquely positioned to cater to industry movements."
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By GlobalData
