Santander Bank has formed a direct private investment practice.
The practice connects Santander’s commercial banking customers with potential family office partners who are able to provide nontraditional liquidity and alternative capital solutions through direct private investments.
The firm named Michael Anthony to head the new practice. Anthony, who brings more than 20 years of experience in alternative investments and family office consulting, is based in Boston.
Prior to joining Santander, Anthony served as the director and global head of the family office practice group at Citizens Bank. He worked at Bank of New York Mellon (BNY Mellon) as a vice president, alternative product manager and as a relationship manager serving the financial needs of alternative fund clients. Prior to BNY Mellon, Anthony was a member of the American Stock Exchange as an independent derivatives market maker. He also is a founding member and managing director at Boston Family Office Consultants, a firm started by industry professionals that connects single family offices with alternative investment opportunities.
