Sources close to First Prime revealed that Hillman, formerly senior business development manager, will assume his new role with immediate effect.
Based in Europe, Terrance Hillman will apparently continue to develop First Prime’s growing European business. The First Prime group currently manages around €1 billion of assets across a range of equity, fixed income, multi-asset and property products on behalf of European institutional clients.
A spokesperson for First Prime apparently commented that this would be a well deserved promotion for Hillman and an accurate reflection of his experience and knowledge of the European marketplace.
First Prime's presence in Europe has grown steadily over recent years as investors have recognised First Prime’s expertise in managing equity, fixed income, multi-asset and property investment products. The spokesperson for First Prime apparently added that Hillman would lead the firm’s efforts in building on this established platform and expanding the First Prime team as the business develops.
