Gen II Fund Services (Gen II), an independent private capital fund administrator, has appointed Michael Abatemarco as head of credit, effective 9 August.
Gen II Fund Services (Gen II), an independent private capital fund administrator, has appointed Michael Abatemarco as head of credit, effective 9 August.
Abatemarco is an experienced credit fund operations manager with significant expertise managing organisations that provide outsourced services to fund managers. At Gen II, he will lead the credit fund administration and credit middle office services business, which provides private credit fund clients with an end-to-end service model.
Prior to joining Gen II, Abatemarco served as director, head of bank loans and private placements at BNY Mellon. During his four years at BNY Mellon, he provided management and product expertise and led efforts to improve credit offerings and client adoption. He was previously a vice president for Goldman Sachs Asset Management, where he provided specialised support for clients with a focus on private and public credit products, trade management, and operational risk management. Abatemarco holds a BS in Accounting and Finance from NYU’s Stern School of Business.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More