Hedge Funds

HSBC appoints managers for NY, San Francisco

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HSBC Alternative Fund Services, a division of HSBC Securities Services that provides fund administration for hedge funds and other alternative managers, has appointed executives to manage its New York and San Francisco offices.

Scott Epstein, who had run the firm's San Francisco office, will fill a new role overseeing the New York office. That office had previously been managed by Robert Schultz, who oversees the group for the Americas.

John Weaver will take Epstein's place in San Francisco. He comes from the San Francisco offices of Ernst & Young, where as a senior manager he was primarily focused on