MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has appointed Daniel Trentacosta as Sales Director.
Daniel will play a key role in driving business development in North America for MUFG Investor Services' asset servicing solutions across hedge funds, fund of funds and private equity/real estate funds. These solutions include fund administration, middle-office outsourcing, custody, depository, trustee, fund of hedge fund financing, FX and wider banking services. He will report to John Sergides, Managing Director, Global Head of Business Development & Marketing, in New York.
Daniel joins from Och-Ziff Capital Management Group, where he was head of the Treasury Operations team for two years. Prior to this, he held a number of senior roles in prime brokerage sales and relationship management at Morgan Stanley.
The announcement follows the recent appointment of Michael McCabe, who joined from BNY Mellon's Alternative Investment Services business and Mark Catalano who joined from Atlas Fund Services.
John Sergides said: "We are excited to have Daniel on board at an important time in our growth. His experience in the alternative investment industry will be invaluable in driving the business forward. We will continue to recruit talented individuals with the expertise to develop the industry leading solutions our clients need now and in the future."
Ken McCarney and Mark Porter, CEOs of Fund Servicing business lines under MUFG Investor Services commented: "We continue to make great strides in the expansion of our international footprint at MUFG Investor Services. The senior hires we have made in our Business Development team, together with the recent news of our acquisition of Capital Analytics, represent just a few of many exciting initiatives supporting our ambition to become one of the leading players in this market segment."