State Street Appoints Global Head of Sales for Alternative Investment Solutions Business

State Street Corporation, one of the world’s leading providers of financial services to institutional investors, announced today that it has appointed Maria Cantillon as global head of sales for State Street’s Alternative Investment Solutions business. Based in London, Cantillon, reports to Scott FitzGerald, head of sales for State Street’s Global Services Americas business.

Cantillon was previously head of Alternative Investment Managers and a Member of the Executive Committee at BNP Paribas Securities Services in London. Prior to this position, she held similar sales and relationship management roles with HSBC and JPMorgan in Singapore and London.

“Maria brings an extensive background in business development and relationship management throughout Europe and Asia to this role,” said FitzGerald. “Her ability to understand our clients’ global needs across the dynamic and changing alternative investment management landscape will be a valuable asset as we continue to expand our alternative servicing business.”

Cantillon will oversee a team of 15 covering positions in North America, Europe and the Asia Pacific region. She replaces FitzGerald who assumed an expanded role late last year.

“Maria’s appointment will further position State Street to build on our strong North American presence and also capitalize on the alternative servicing capabilities across Europe and Asia Pacific,” continued FitzGerald.

With approximately $770 billion in alternative assets under administration as of March 31, 2011, State Street’s Alternative Investment Solutions group provides a complete suite of fund accounting, fund administration, corporate administration, risk and credit services to institutional investors, hedge fund managers, private equity fund managers and real estate fund managers. The team includes more than 3,000 employees worldwide. In April 2010, it acquired fund administrator Mourant International Fund Administration (MIFA), further expanding its alternative investment servicing footprint in Europe.