State Street Corporation has appointed Bob Keogh as head of its Alternative Investment Solutions (AIS) division for the Asia Pacific region, according to an announcement.
Based in Hong Kong, Keogh will oversea State Street’s fund administration services for hedge fund, private equity and real estate fund in Asia Pacific.
He was previously senior managing director for State Street’s hedge fund servicing business based in Europe. Bob joined State Street in 2012 from Goldman Sachs as part of State Street’s acquisition of Goldman Sachs Administration Services (GSAS).
Prior to this role, he was head of the GSAS business in Europe and Asia where he established offices in Ireland, Hong Kong and Singapore.
"Asia is one of the most significant growth areas for our alternative servicing business," says Bhagesh Malde, senior managing director for State Street’s Alternative Investment Solutions business. "Bob will play an integral role in our commitment to meet the region’s growing alternative investment servicing demand."
State Street provides fund administration services to a total of US$1,291 billion as of June 30, 2014. It established a presence in Asia Pacific as an alternative funds service provider when it acquired Mourant International Finance Administration (MIFA) in 2010, with locations in Hong Kong and Singapore.
In Asia Pacific, State Street currently offers real estate, hedge fund and private equity servicing in mainland China, Hong Kong, Singapore, Tokyo, and Australia.