Global fund services provider Vistra has appointed Abdel Hmitti as Managing Director and Global Head of Funds. In his new role, Hmitti, who joins from State Street, will report to William Douglas, Chief Commercial Officer at Vistra.
According to a press statement, Hmitti will lead Vistra’s funds business, overseeing the teams responsible for commercial, relationship management, product development, and digital solutions. He will guide the strategic direction of the business unit, and drive product development.
Vistra’s funds solutions aim to help private capital deploy faster around the world, and enhance GP enhance their operational efficiency.
Hmitti spent over 15 years at State Street holding senior management roles in both the US and Europe and was most recently the Head of Private Markets for EMEA. He focused primarily on middle and back office operations and relationship management in the alternative investment services unit. Prior to State Street, he held management and leadership positions at Investors Bank & Trust.