Custom House Global Fund Services has opened a office in San Francisco as part of strategy to expand its presence in the US.
As part of the expansion, Custom House has appointed Gary Smith as a commercial director to oversee the firm’s growth ambitions on the West Coast including opening a San Francisco office, and ongoing business development.
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In his new role, Smith will report to Scott Price, head of sales for the Americas at the company’s US headquarters in Chicago.
The new office will offer local investment management firms a complete suite of administration solution backed by state-of-the-art technology and a global 24 hour services model.
Prior to joining Custom House, Smith held various roles with Pacific Growth Equities, Hambrecht & Quist/JPMorganH&Q, and NationsBanc Montgomery Securities/Banc America Securities.
Mark Hedderman, CEO of Custom House Global Fund Services, said; "Gary will lead our West coast efforts from San Francisco, which is currently experiencing a surge in asset manager across various vehicles including hedge, private equity, venture capital funds and real estate as well as managed account and managed account platforms."
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By GlobalDataCustom House has over US$40 billion in assets under administration and 200 managers trading through over 500 investment funds.
