People Moves

State Street hires ex-BAML man to head alternative servicing sales

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State Street has appointed Dan McNicholas as head of sales for its Alternative Investment Servicing Solutions in Asia Pacific.

Based in Hong Kong, he will lead the sales strategy for the firm’s hedge fund servicing, real estate and private equity operations across the region and will work closely with client-facing teams to develop sales strategies for its alternative investment capabilities.

He brings more than 15 years of experience in sales and client services. His previous experience includes roles at Lehman Brothers and Deutsche Bank.

He joins State Street from Bank of America Merrill Lynch where he most recently