Bringing you live news and features since 2006 

Two fingers

Millennium makes management appointments in Alternative Solutions Group

RELATED TOPICS​

Millennium Trust Company, a provider of alternative asset custody solutions to institutions, advisors and individuals, has made two promotions within its Alternative Solutions Group. 

The firm has named Jeremy Christensen, Director of Private Fund Custody and Matt Nitschke, National Director of the Alternative Solutions Group.

Prior to his new role, Christensen had been acting manager of Private Fund Custody (PFC), Millennium Trust's fastest growing business line. In addition, he managed Registered Investment Advisor relationships and new business development for the Southeast/Mid-Atlantic Region with focus on custody solutions for hedge funds, private equity, managed futures and other alternative investments. 

"When we launched our PFC service in late 2010 we felt it would be successful, but it has exceeded expectations, adding roughly USD5 billion in assets under custody," says Christensen. "We pride ourselves in providing expert custody and client service for all private funds, whether they are newly launched and working to raise capital or an established fund with significant assets under management."

Nitschke brings considerable sales management experience to his new role within the Alternative Solutions Group, including: developing sales teams; territory management; client relationship management; and new business development with emphasis on alternative investments. Prior to his appointment as National Director, he served as Regional Director in the Midwest and was responsible for new business development and relationship management. 

"I'm excited to be a part of the Millennium Trust growth story," says Nitschke. "It's a story about being laser-focused on our clients' needs and goals and then tailoring a solution to achieve them."

"Given the record growth we've seen across all of Millennium's business units, these appointments will ensure that we are well-positioned to continue expanding in these key areas," says Scott McCartan, Chief Executive Officer. "We continue to focus on offering our clients industry-leading alternative asset custody solutions by making major investments in technology and infrastructure. However, we also believe in investing in our employees. Both Jeremy and Matt continue to make substantial contributions to Millennium's success and we look forward to our future with them."

Latest News

ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..
Investors urgently need greater access to diversified investment strategies aligned with the Paris Agreement on climate change if the world..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by