NEW YORK, LONDON AND HONG KONG, Nov. 02, 2016 (GLOBE NEWSWIRE) -- Hazeltree, the leading provider of integrated buy-side treasury management solutions, today expanded its management team by hiring industry veteran Sal Ventura as head of client relationship management. Mr. Ventura brings to Hazeltree more than 25 years of experience in prime brokerage, product development, operations, and client service. As a client service executive, he oversaw the servicing and support of a range of buy-side clients, including hedge fund managers, asset managers, insurance companies and pension funds.
“As regulations continue to impact our industry, we continue to see increased focus on treasury and counterparty management,” said Sameer Shalaby, President and Chief Executive Officer of Hazeltree. “Sal’s industry experience provides him a unique perspective to manage our client relationships as we respond to global market demands.”
Mr. Ventura will be primarily focused on managing client relationships to ensure senior-level sponsorship and connectivity between clients and Hazeltree, prioritizing client requests once they are fully implemented with Hazeltree, and maximizing the value of Hazeltree’s solutions to clients on a continuous basis.
Mr. Ventura most recently was Managing Director and Global Head of Client Service for JP Morgan’s Custody and Fund Services business. Prior to that, Ventura was the Global Head of Citigroup’s Investment Banking and Private Banking Operations & Middle Office where he successfully transformed their operations strategy while facing dramatic regulatory change and profitability challenges. Before joining Citi, Ventura spent 10 years in prime brokerage at Credit Suisse and Lehman Brothers serving hedge fund managers as the Global Head of Prime Broker Client Services responsible for client onboarding and consulting in addition to the day over day client service, business and product development functions.
“From supporting fund managers for many years, I am fully aware of the significant challenges they face daily, ranging from increased regulations, tough performance, fee pressures, and increased investor demands,” said Sal Ventura, head of client relationship management at Hazeltree. “I joined Hazeltree because it was clear we could make a difference and I am committed to working with our clients to understand their specific needs and harnessing the power of Hazeltree to address them head on.”
Mr. Ventura started his professional career with Price Waterhouse in their Financial Services Industry Practice unit auditing banks, broker dealers, investment companies and alternative managers. Ventura is a CPA and a graduate of Binghamton University holding a B.S. in Accounting.
About Hazeltree
Hazeltree is the leading Treasury Management solution provider, serving hedge funds, asset managers, fund administrators, insurance companies and pension funds with powerful, proactive performance enhancement and risk mitigation capabilities that generate operational alpha, reduce a range of risks and streamline operations. Hazeltree’s integrated treasury management solution includes comprehensive cash management, securities financing, collateral management, counterparty management and margin management capabilities. Hazeltree is headquartered in New York with offices in London and Hong Kong. For more information, please visit www.hazeltree.com.