DOUGLAS T. HOLMES

HOLMES, Douglas T. A native of Barnstable who spent most of his adult life in Dover, Mass., died Feb. 18 after a lengthy illness. Doug, a certified financial analyst, was a graduate of Barnstable High School and a 1977 graduate of Northeastern University and worked for 25 years for State Street Global Advisors of Boston, heading up the Global enhanced Equity Group. He designed and co-created the first "Exchange Traded Fund," the SPDR S&P 500 ETF. The fund Doug developed is still the largest exchange traded fund in the market. He is survived by his mother, Vivian Souza, daughters Kira Holmes and Jessica Holmes and sister Marcia Green. Earlier in his career he had been employed at MIT's Draper Labs in Cambridge and was a software engineer at Batterymarch Financial Management in Boston, where he designed one of the first online trading systems. Doug was also an avid amateur race car driver and member of the Sports Car Club of America (SCCA) for more than 30 years. Friends and family are invited to a Celebration of Life service on Saturday, March 11 at the Crocker Park Cemetery, Church Street, in Barnstable at 11 a.m. In lieu of flowers, donations to the Alzheimer's Association would be appreciated. See www.Keohane.com or call 1-800-Keohane for directions and online condolences.