New York (HedgeCo.Net) – Hedge fund adviser Paladyne systems has appointed Paul Cucurullo as Senior Director of Sales to lead and develop the Paladyne offering for long-only asset managers and investment advisors. Cucurullo brings more than 30 years of experience as an asset management professional to Paladyne.
“Paul is a strong addition to our team for an important market segment. He brings many years of experience and a holistic understanding of the technology and operational needs of investment managers,” said Sameer Shalaby, President, Paladyne Systems. “Some of the largest, most-sophisticated hedge fund managers use Paladyne to manage their mission-critical business. With our heritage in alternatives and the increasing convergence between hedge funds and traditional asset management investment strategies, Paladyne offers an effective solution that meets the challenges facing the industry.”
Cucurullo joins Paladyne from Eagle Investment Systems, LLC, a subsidiary of BNY Mellon. Previously, he was a managing partner, co-founder and director of business development for IX Partners, which in 2009 was sold to Headstrong, a multinational offshore consulting firm. For ten years prior to that, he was Chief Information Officer at Ark Asset Management, a boutique investment advisor with $34 billion in assets under management.
Paladyne was established in 2005 and acquired by Broadridge Financial Solutions Company in 2011 and now serves over 225 clients worldwide. The firm has approximately 180 employees and is headquartered in New York, with regional offices in New Jersey, London, Russia and Hong Kong.