PFPC Financial Services Group, the nation's largest provider of transfer-agent services to the mutual fund industry, said last week that it hired Daniel Kalish and Eric Pisauro as directors of alternative investment services.

The executives, both of whom will work from the company's Wilmington, Del. location, will be responsible for building the firm's hedge funds business, the company said. Executives said the firm has identified the hedge fund market as a solid growth area and hired Kalish and Psauro to bolster that effort.

Kalish most recently served as director of operations for Brandywine Asset Management in Thornton, Pa. He has also worked with hedge fund clients at PriceWaterhouseCoopers and served as a securities compliance examiner at the SEC's investment management division.

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