CrossTower appoints former State Street hedge fund head as CFO

CrossTower, a crypto investment and trading firm, has appointed Cory Thackeray, CA CPA, as Chief Financial Officer. 

Thackeray brings 25-plus years of experience building globally recognised fund administrators to his new position. In his new role, he will be responsible for managing CrossTower’s finance functions and capital structure, ensuring that the firm’s activities continue to contribute to client service and growth of the firm.

Prior to joining CrossTower, Thackeray was Senior Managing Director and Co-Head of Hedge Funds at State Street Alternative Investment Solutions, where he oversaw operations servicing over USD600 billion in Assets under Administration (AUA). Before that, he was Global Head of Goldman Sachs Administration Services (GSAS) where he led the successful integration of the business into State Street following their acquisition of the unit, including retention of personnel and clients. His leadership helped ensure that the acquisition was accretive by working to maximising revenue synergies across the client base.

“We continue to add senior team members with deep institutional backgrounds to our leadership roster,” says CrossTower President and Co-Founder Kristin Boggiano. “Cory’s an incredible, highly experienced CFO; his background enhances our existing bench so that we can further service hedge funds and other institutional clients.”

Thackeray says: “CrossTower is a leader in crypto capital markets for institutions and I am very pleased to be joining this high-quality organization. Hedge funds and other institutions are looking for opportunities to work in crypto with reputable firms and I have been impressed with the team that has been assembled and the breadth of services offered by CrossTower.”

At GSAS, Thackeray grew the business from USD3.5 billion to USD200 billion in Assets under Administration (AUA) with strong operating margins and a ranking of 4th in industry AUA. Additionally, the business was recognized for numerous Global Custodian and HFM awards. Previously, Thackeray worked as a senior accountant for KPMG. He has a BA in Accounting from Simon Fraser University as well as holding a Chartered Professional Accountant (CPA)/Chartered Accountant (CA) designation from Canada.