Mon, Jun 14, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

U.S. Bank Global Fund Services hires chief commercial officer

Tuesday, February 23, 2021
Opalesque Industry Update - U.S. Bank has hired David Kubilus in the newly created role of chief commercial officer for Global Fund Services. Kubilus is located in London and will be responsible for connecting with investment managers about U.S. Bank's newly launched Luxembourg capabilities. He will also contribute to the strategic development of Global Fund Services in the U.S. and Europe.

Kubilus is an experienced senior executive who brings more than 20 years of experience in the financial services industry. Most recently, Kubilus was global head of business development, client management and marketing at Maitland. Prior to that, he was head of business development and marketing for State Street Luxembourg.

"Our team continues to grow as we develop and enhance our product offerings for a growing global fund services market. David has extensive product and business development expertise and understands the needs and demands of both the U.S. and European markets. Adding an experienced and tenured professional like David is tremendous for both our team and our global client base. We are thrilled to welcome him to U.S. Bank," said Luxembourg Country Head Didier Delvaux.

Kubilus said, "Europe is a key growth area for our Global Fund Services business line. U.S. Bank's commitment to providing the highest level of client service, combined with their financial strength, positions us extremely well for future growth. I'm excited to work with our team to expand our brand, globally, and drive new business opportunities."

Kubilus holds a bachelor's degree from the University of Maryland and an MBA from Boston University.

U.S. Bank has had a presence in Europe for more than 14 years and has 10 offices housing more than 2,800 employees. U.S. Bank's investment services division has more than $8.2 trillion in assets under custody and administration, globally. In addition to offering alternative investment and fund administration services, they also offer investment services products such as custody, full depositary and global corporate trust products, including structured finance, conventional debt and collateralized loan obligations.

What do you think?

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

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. PE/VC: How Tiger Global earned its stripes as the world's biggest unicorn hunter, The opportunity in private real assets[more]

    How Tiger Global earned its stripes as the world's biggest unicorn hunter From Crunch Base: Tiger Global Management, already one of the most voracious startup investors in recent years, is roaring into 2021 more aggressively than ever. The 20-year-old New York-based investing firm

  2. New Launches: Reverence Capital seeks $1.7bn for new buyout fund, $1.2tn US giant Nuveen launches core impact bond fund into Ucits market, Marlin Equity Partners closes $810m for second Europe fund, Credit Suisse raises $318m climate fund, BNP Paribas AM launches ecosystem restoration fund, Architect Capital raises $100m for asset-based financing[more]

    Reverence Capital seeks $1.7bn for new buyout fund From PE Insights: Reverence Capital Partners is seeking $1.7 billion for its third private-equity fund, re-entering the market less than two years after a predecessor buyout vehicle exceeded its target by 60%, according to people famil

  3. Man Group-Oxford quants say their AI can predict stock moves[more]

    From Bloomberg: Man Group Plc-backed researchers at the University of Oxford say they've created a machine-learning program that can project how share prices move -- notching an 80% success rate for the equivalent of about 30 seconds of live trading. Artificial-intelligence experts at the Oxford

  4. Tiger crowd suffers losses in May, with some funds now in the red, Tiger Global and Third Point are gearing up for a unicorn IPO[more]

    Tiger crowd suffers losses in May, with some funds now in the red From Institutional Investor: May was a rough month for many of the Tiger crowd. Several Tiger Cubs, Seeds and Grandcubs are down by double digits this year. A number of Tiger Cubs, Seeds and Grandcubs posted losses t

  5. New Launches: Madison Dearborn strikes $5bn to close its second-biggest fund to date, Pollen Street Capital IV raises $790m, close to surpass target, Mountaingate Capital Closes Second Fund at $476m, Vontobel launches impact fund for Federated Hermes hire, First Japanese ESG-focused investment fund launched, Greystar raises $882m for pan-European residential fund, Vitality launches ESG fund range[more]

    Madison Dearborn strikes $5bn to close its second-biggest fund to date From Alt Assets: US private equity major Madison Dearborn has struck a $5bn final close for Fund VIII to seal the second-biggest raise in its history. The firm's website confirms the vehicle is currently being u