Chicago based Backstop Solutions, a provider of cloud-based solutions for institutional investors, plans an expansion into the Asia-Pacific region with the opening of its sixth office and the hiring of a seasoned industry professional.

Backstop Solutions Group is a supplier of cloud-based financial technology solutions for hedge funds, funds of funds, pensions, endowments, private equity firms, consultants and family offices. The new office, located in Hong Kong, will allow Backstop to expand its offerings across the APAC region.

Based in Hong Kong the new Institutional Sales Director Steve Au brings more than 10 years of multicultural sales and management experience to Backstop, having a deep understanding of alternative investments, hedge fund and private equity technology and operational requirements. He previously spent time in senior sales and management positions with Charles River Development and Eze Software Group in the APAC region.

Expert Understaing of Asia-Pacific Investment Management

«We are thrilled to have Steve on board, as he brings an expert understanding of the Asia-Pacific investment management industry,» said Clint Coghill, CEO and Founder of Backstop.

Headquartered in Chicago, Backstop has existing offices in New York, San Francisco, Chicago, Los Angeles and London. The new opening is part of Backstop’s continuing growth in the U.S., Europe and Asia.

In December, the firm appointed Craig Rowland to drive growth in EMEA.