Wallace left the bank at the end of February. He spent 23 years at Deutsche, most recently in a role in which he oversaw technology-related projects for hedge funds. Deutsche had $11.6 billion of assets under administration in the first quarter of 2013, ranking 24th among the largest fund administrators, according to Hedge Fund Alert’s Manager Database.
Wallace was among several staffers who left Deutsche’s administration unit in recent weeks. Among them: fund accountant Becky McGinnis, who had been on the job for less than a year. A source said she has accepted a position at an unidentified family office.
Sales professional Ajai Thomas left to become head of investor relations at Hollis Park Partners, a start – up fund operation founded by former Deutsche mortgage-bond trader Troy Dixon. Thomas started in his new role this week.
Editing by Alex Akesson
HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership in HedgeCo.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!