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Mastriano is an experienced senior executive who brings nearly 30 years of experience at organizations such as Citco Fund Services, Bank of New York, Bisys Fund Management and Morgan Stanley. Most recently, Mastriano was an executive director within JP Morgan Global Fund Services. In that role, he managed product and service delivery for the U.S. private equity, portfolio accounting and hybrid funds businesses.

"In today's complex and dynamic environment, our clients expect to be serviced by trusted professionals who have a deep understanding of the industry, investments and client goals. Peter is an entrepreneurial executive, experienced in capital market, hybrid, private equity and hedge fund service delivery. He has a reputation for successfully building and managing growth strategies and providing a superior level of client service," says Joe Neuberger, head of U.S. Bank Global Fund Services. "Adding an experienced and tenured professional like Peter is tremendous for both U.S. Bank Global Fund Services and our global client base. We are thrilled to welcome him to the team."

Mastriano says, "U.S. Bank's commitment to providing only the highest level of client service, combined with the strength of the U.S. Bank brand, means we are poised for growth in the global fund services market. I'm excited to work with partners across the bank to drive new opportunities for our clients."