Hedge fund administrator Butterfield Fulcrum is expanding its presence in New York.
New York-based Butterfield announced Tuesday that it has moved to a larger office in midtown Manhattan. The move was completed on March 1.
The new office, whose launch was prompted by the firm's increasing client base in the New York Tri-State region, will house the U.S. sales team and its expanded local operations team focused on providing regional clients with additional services to support front, middle and back office services.
Butterfield Fulcrum, which increased its Irish operations in November, services more than 800 funds and has eight offices in seven countries including Ireland.