West Palm Beach (HedgeCo.net) – Coinciding with the launch of new services aimed at increasing hedge fund transparency, independent alternative fund manager Butterfield Fulcrum appointed T. Andrew Smith as the firm’s global head of business development and marketing. He will be based in the company’s New York office, and will oversee Butterfield Fulcrum’s teams in Europe, Asia and North America.

With nearly 20 years of experience in institutional sales, business development, securities and global fund services, Smith’s appointment comes as investors demand operational transparencies from hedge funds.

Smith most recently served as a managing director and head of North America in global transaction services at Citi overseeing a $1.0 billion securities and fund services region. Before that he served as senior vice president of plan sponsor services at The Bank of New York and spent ten years at the State Street Corporation.

Alex Akesson