(PRWEB) October 11, 2012
Maples Fund Services, a leading independent global fund services provider and a division of MaplesFS, has expanded its U.S. operations with the hire of Megan Corcoran, Director of Business Development, Americas. Based in New York, Megan will focus on expanding opportunities for continued growth of the fund services business in North America and South America.
Megan will work closely with Scott Somerville, CEO of MaplesFS, and Toni Pinkerton, Global Head of Fund Services, to sell fund administration, middle-office and risk services to the alternative investment market. With an increase in assets under administration of more than 30 percent over the past year, the addition to the business development team is primarily in response to expanding market share in North America.
“Megan’s experience providing customized solutions to clients opens opportunities for us to continue to expand into new market segments in the U.S.,” Pinkerton said. “With the continued enhancement of our product and technology offering, our business has grown considerably over the past year.”
Megan was previously Director of Sales & Marketing at GlobeOp Financial Services, where she was responsible for selling middle and back office solutions, fund administration and risk services to alternative investment firms and institutional investors in North America. Prior to that, she was Director of Business Development at Fulcrum, where she sold hedge fund administration globally, and prior to that, she worked at Channel Capital Group marketing HedgeFund.net and PrivateEquityCentral.net. Earlier in her career, Megan was a journalist working for notable financial publications, including Institutional Investor and SmartMoney.
About Maples Fund Services
Maples Fund Services is an independent global fund services provider recognized for its innovative proprietary technology and client service model. It has offices in leading financial centres, including the Cayman Islands, Dubai, Dublin, Hong Kong, Luxembourg, Montreal and New York. The firm provides a wide range of services to onshore and offshore funds. The firm's clients include investment management firms, institutional investors, pension plans and global financial institutions. Maples Fund Services is led by a team of experienced professionals and is committed to providing a high level of service, tailored to specific client requirements. For more information, visit http://www.maplesfundservices.com.