Vistra, the Asia-based trust, corporate services and fund administration provider, has announced two executive leadership appointments: William Douglas as chief commercial officer, and Derek Kemp as regional managing director of the UK, Ireland, Channel Islands, and the Middle East. Both are based in London, reporting to Alan Brown, CEO, and joining Vistra’s executive committee. Douglas…
Category: Independents
Ocorian appoints Andrew Musoke to head new Kenya office
Ocorian, the C.I.-based administrator, has opened a new representative office for its East African operations in Nairobi, Kenya, adding to an existing network of regional offices on the African continent (South Africa, Côte d’Ivoire and Mauritius). Andrew Musoke has been appointed business development director, responsible for sales to businesses and high-net-worth individuals in a region…
MUFG to buy hedge fund and PEq assets from Maitland
MUFG Investor Services has agreed to acquire parts of the fund administration business of Maitland, an advisory, administration and family office firm. Maitland personnel will join MUFG Investor Services offices in the Cayman Islands, Halifax, and Dublin. When completed, the acquisition will add approximately USD20bn AuA, bringing the total AuA to over USD600bn. The assets…
FundRock hires Lee Marshall as chief transformation officer
FundRock, the Luxembourg-based administrator and corporate services provider, has appointed Lee Marshall as chief transformation officer and director of group strategic clients, based in the firm’s headquarters in Luxembourg. This is a newly created, group-wide role. He joins from MasonBower where he was COO. He has also worked at KNEIP and J.P. Morgan in Luxembourg.
Ultimus hires Brian Privor as president of compliance division
Ultimus Fund Solutions has appointed Brian Privor as president of its compliance division. This follows the retirement of long-time Ultimus employee, Mike Wagner. In addition to more than 20 years’ experience in asset management and securities regulation, Privor spent one year supporting the U.S. Senate and seven years working as senior counsel in the SEC’s…
Opus acquires fund admin unit of Advanced Fund Administration
Opus Fund Services, the U.S.-based independent administrator, has acquired the fund administration unit of Advanced Fund Administration, which has offices in the Cayman Islands and New Jersey. Before this deal, AFA provided multiple lines of business to its hedge fund clients, consisting of legal, advisory and compliance services. AFA’s fund administration clients are now scheduled…
Ocorian hires two for London office
Ocorian, the C.I.-based administrator, has hired two new staff in London. Kristina Rowe joins as head of client services for the UK. She was previously at State Street. Jamie Riley joins from Intertrust as a business development director.
Alter Domus opens office in Tokyo
Alter Domus has opened an office in Tokyo. Scott Reynolds has been hired as the group’s country executive for Japan, reporting to Alexander Traub, the regional executive Asia Pacific. Reynolds joins from Deloitte Tohmatsu LLC.
IQ-EQ hires Cecilia Cheung as HK country head
Cecilia Cheung has joined IQ-EQ (formerly SGG Group) as country head of its Hong Kong business. She will also serve as a member of the Asia executive leadership team. Before joining IQ-EQ, Cheung was country head for SANNE in Hong Kong.
CUNA Mutual selects SS&C Precision LM for loan admin
CUNA Mutual Group has selected SS&C Precision LM to streamline the origination, servicing, accounting, asset management and regulatory reporting of its commercial mortgage loan portfolio.