Citi hires new prime broking salesman

Citi has appointed Matt Kiraly to the position of vice-president for prime finance sales in Asia-Pacific ex-Japan. He will be based in Hong Kong and is concentrating on hedge fund managers in the North Asia region, including Taiwan, China, Hong Kong and Korea. He reports to managing director Hannah Goodwin.

He joined Citi in October 2007. Most recently, he worked as an assistant portfolio manager monitoring emerging markets at Nikko Alternative Asset Management in New York where he reported to Thomas Juterbock and Masayuki Ishihara.

He began his career at Brown Brothers Harriman in several middle office roles. In 2003, he moved to Bear Stearns where he acted as a relationship manager in fixed income prime brokerage department. He received his BS in Business Administration from Villanova University in 1999.

ô2008 will be an interesting year for the hedge fund industry in Asia,ö Kiraly told AsianInvestor. ôGenerally speaking, there are still a good number of new fund launches in the region and we continue to strategically add new managers to our platform. Although long/short equity is still the predominant strategy, we are meeting with more macro and multi-strategy funds.ö