JP Morgan’s Wallace switches to hedge fund Factorial
Another senior bank executive moves to a new role at an Asian hedge fund.
Adam Wallace has exited JP Morgan, where he headed Asia-Pacific hedge fund services, to join Hong Kong-based hedge fund firm Factorial Management as chief operating officer.
JP Morgan declined to comment on Wallace's departure. However, it is understood that Matthew Goldblatt, the bank's Asia-Pacific regional product manager for private equity and real estate services, is undertaking Wallace's duties until a permanent replacement is appointed.
Wallace joined JP Morgan in Hong Ko…
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