HedgeMark International, has expanded its client servicing and business development team with the addition of Thomas R. Colucci as Managing Director and Global Head of Business Development and Client Solutions, it was announced today.

Mr. Colucci brings more than seventeen years of hedge fund industry
experience to the company. He launched his career with Neuberger and Berman in 1993 and most recently was Global Head of Prime Brokerage Sales for Fortis Prime Brokerage Ltd. in London. Prior to joining Fortis, Mr. Colucci was for three years responsible for Pali Internationalʼs marketing and business development outside the United States. Between 2000 and 2005, he was a Managing Director and Head of European prime brokerage sales of Bear Stearns International in London. Earlier in his career, Mr. Colucci held positions with both Donaldson Lufkin Jenrette and JP Morgan.

“Throughout his career, Tom has demonstrated a deep understanding of the investment and risk management needs of global investors, including sovereign wealth funds, public pension funds and family offices, many of which he has served in the past,” said Kenneth Phillips, chief executive officer at HedgeMark. “His background in prime brokerage, when integrated with his commitment to leading-edge risk management solutions makes him an immediate contributor to the HedgeMark team, its clients and business partners.”

Mr. Colucci will initially be based in Europe and will relocate to
HedgeMarkʼs New York office later this year.