EXTERNAL PEOPLE MOVES 2019 ONWARDS TO FROM TITLE LOCATION Pamela Valasuo Ocorian Intertrust Head of sales, Luxembourg & Netherlands Luxembourg Dan Kramer Calastone BNY Mellon Vice chairman U.S. William Douglas Vistra JLL Chief commercial officer UK Derek Kemp Vistra Capgemini Regional director, UK, Ireland, Channel Islands & Middle East UK Andrew Musoke Ocorian N/D Business…
Month: October 2019
Ocorian hires Pamela Valasuo to head Lux/Netherlands sales
Ocorian, the C.I.-based administrator, has hired Pamela Valasuo as head of sales for Luxembourg and the Netherlands. She joins from Intertrust, where she was a business development director in Luxembourg.
Calastone hires Dan Kramer as U.S.-based vice chairman
Calastone, the UK-based global funds network, has appointed Dan Kramer as vice chairman, to be based in the firm’s New York office. Kramer joins Calastone from BNY Mellon, where he was an EVP and chief client experience officer, managing all stages of the client experience across service, insight and strategy. Prior to this, he spent…
Vistra makes two senior appointments in UK
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…
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…
CLIENT PROVIDER LOCATION SERVICES FUND TYPE LCY VALUE (M) USD VALUE (M) Daiwa Asset Management RBC Ireland GC, FS, TA, DS UCITS (new) N/A N/A
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…
State Street launches peer-to-peer sec lending platform
State Street has launched Direct Access Lending, a securities finance product that enables direct, principal loans between its lending and borrowing clients. The new managed peer-to-peer product will leverage both its agency lending and enhanced custody product. The product offers a seamless peer-to-peer model, supported by the operational efficiency and expertise of a managed securities…