HONG KONG--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announces the appointment of Ali Sheikh as head of Hedge Fund Services, Asia-Pacific.
Based in Hong Kong, Sheikh will be responsible for leading Northern Trust’s Hedge Fund Services business across the Asia-Pacific region. He reports to Peter Sanchez, global head of Northern Trust Hedge Fund Services.
“We are pleased that Ali will be leading our Hedge Fund Services Business in Asia-Pacific,” said Sanchez. “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.”
Sheikh joined Northern Trust in 2011 as a part of Northern Trust’s acquisition of Omnium LLC from Citadel, where he began working in 2008. Most recently, Sheikh played a leading role as senior relationship manager for Northern Trust’s Hedge Fund Services Business in New York.
Northern Trust Hedge Fund Services provides unique solutions to the asset management industry through its ability to streamline the interactions between all parties involved and improve efficiencies between administrators, custodians, fund managers, asset owners and fund raisers. Capabilities include comprehensive middle office and administration services, specializing in trade processing, valuation, real-time reporting, cash management, accounting, collateral management and investor servicing.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2015, Northern Trust had assets under custody of US$6 trillion, and assets under management of US$887 billion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at http://www.northerntrust.com/disclosures.
