Hazeltree Hires Don Jefferis to Lead Business Development Efforts into Strategic Markets
(Thomson Reuters ONE) -
NEW YORK, LONDON and HONG KONG, Feb. 14, 2017 (GLOBE NEWSWIRE) -- Hazeltree, the
leading provider of integrated buy-side treasury management solutions, today
announced that it has expanded its management team by hiring seasoned
commodities trading and hedge fund consultant and software executive, Don
Jefferis, as Managing Director of Strategic Accounts. Mr. Jefferis will focus
on expanding and leading Hazeltree's business development into strategic markets
such as insurance companies, endowments and pension plans. Mr. Jefferis brings
to Hazeltree more than three decades of experience in professional services,
software product management, business development and executive management in
the consulting, energy, and software industries.
"We are consistently seeing increased interest in Hazeltree's treasury solutions
across all areas of the investment management industry, driven by the increasing
complexity resulting from regulatory shifts, investment diversification and
escalating demands for transparency," said Sameer Shalaby, President and Chief
Executive Officer of Hazeltree. "Hazeltree has earned a strong reputation for
success in the hedge fund and asset management industry, and with Don's
leadership, we are well positioned to expand into a number of additional buy-
side markets."
Throughout his career, Mr. Jefferis has identified and driven the adoption of
strategic opportunities to enable companies' journeys towards greater financial,
operational and risk management excellence leading to overall, bottom-line
results. He most recently launched energy-focused consultancy Opportune LLP's
Process & Technology practice, where he served as a strategic advisor and
operations consultant to numerous energy producers, marketers and traders.
Early in his career, Mr. Jefferis co-founded Arthur Andersen's Energy Risk
Management practice, where he advised and assisted electric power and natural
gas producers and transporters on operational, risk management and control, and
information management systems necessary to capture market opportunities in
deregulating, competitive markets. Mr. Jefferis joined Mirant Corp. in the mid-
1990's as Chief Information Officer, leading and supporting growth to a Top 5
global energy marketer with 1400 employees spanning 4 offices in 3 countries.
In 1999, Mr. Jefferis joined TenFold Energy as president, where he led that
start-up to over $60 million in bookings. Mr. Jefferis subsequently was
appointed Chief Financial Officer of TenFold Energy's parent company, publicly-
traded TenFold Corp.
"After considerable due diligence," said Don Jefferis, Managing Director of
Strategic Accounts for Hazeltree, "I became unequivocally convinced that the
operational pain that Hazeltree solves for its asset management clients has
broader applicability across new markets. In Hazeltree terms 'active treasury
management' turns treasury operations on its head, from a cost center to a
profit center, while reducing risk and facilitating regulatory compliance.
Perhaps most importantly, 'active treasury management' is also emerging as a due
diligence topic among increasingly discerning institutional investors in search
of greater transparency, systemic risk diversification and a commitment to best
practices."
Mr. Jefferis has a B.S. degree in Accounting from Michigan State University and
is a CPA. He serves on the National Board of Advisors of the General Tommy
Franks Leadership Institute and Museum.
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.
Contact:
Sameer Shalaby, President & CEO
sshalaby(at)hazeltree.com
646.790.7250
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Hazeltree Fund Services via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 14.02.2017 - 09:00 Uhr
Sprache: Deutsch
News-ID 523889
Anzahl Zeichen: 5109
contact information:
Town:
New York
Kategorie:
Business News
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"Hazeltree Hires Don Jefferis to Lead Business Development Efforts into Strategic Markets"
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