Fri, Apr 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Custom House Global Fund Services expands key roles in U.S.

Tuesday, March 08, 2016
Opalesque Industry Update - Custom House Global Fund Services, a leading independent hedge fund administration specialist, has expanded its sales and operations in North America. Sebastien Sacre was appointed Managing Director of the Chicago office, the U.S. headquarters for Custom House, while John Lumley, who joined as the Head of Sales, Americas, will be based in New York.

“We are extremely pleased to have talent of the caliber of Sebastien and John join our global team and spearhead our operations and business development in the Americas,” said Mark Hedderman, CEO, Custom House Global Fund Services. He added, “Sebastien is responsible for the running of our Chicago office and also the further enhancement of our PERE offering while John’s invaluable experience across operations, product and business development places him perfectly to lead Custom House’s growth in the region. “

Mr. Sacre joined Custom House from JPMorgan Chase, where he was a Vice President and Office Lead in the Private Equity and Real Estate Services group, managing the fund administration for private equity funds of several internal and external clients. Prior to joining JPMorgan Chase, Mr. Sacre was a Senior Manager in the Audit Financial Services Industry group at Ernst &Young, working out of E&Y’s Luxembourg, Toronto and Chicago offices, handling the audits of hedge funds, private equity funds and mutual funds.

Mr. Lumley has over sixteen years’ experience in fund administration across operations, product and business development and was previously Product Head for Global Fund Services at J.P. Morgan, New York. In addition to positions at J.P. Morgan, he has experience on both alternative investments and investment banking with roles at GlobeOp Financial Services, Deutsche Bank, and Salomon Brothers.


Related coverage: Custom House Global Fund Services returns to independence

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1