IQ-EQ has appointed Ray Murphy as senior managing director of accounting & CFO services in North America. In this newly created role, Murphy will drive IQ-EQ’s efforts to grow its outsourced CFO business in the U.S., with a particular focus on private equity clients. He joins from State Street.
IQ-EQ first entered the U.S. alternative asset services market in 2020 and began offering outsourced CFO services with the acquisition of Blue River Partners LLC, U.S.-based provider of outsourced solutions to alternative asset managers. IQ-EQ expanded its outsourced business service offerings with the acquisition of Constellation Advisers LLC and Greyline Partners LLC.