Prestige Capital Management Limited (PCM), the AIFMD-licensed Malta arm of the Prestige group of companies, has expanded its Malta-based operation with the appointment of Dario Inclimona as junior portfolio manager to its growing team.
Inclimona will be working alongside Jonathan Scott (pictured), who joined PCM as Chief Operations Officer in November 2016, and will be looking after day to day fund investment portfolio operations.
This is part of PCM’s increasing role as the day to day operations and reporting centre for the range of Prestige Funds.
Inclimona has a career in financial services spanning eight years, having worked for Momentum Pensions, Deloitte, PWC and Credito Valtellinese. He was a Foreign Affairs Intern at the Italian Consulate in Rio de Janeiro after completing his Master’s Degree in Business Administration in Rome and his Bachelor’s Degree in Finance (First) in Milan. Part of his Master’s was undertaken at the Nanyang Business School of Singapore, where he studied for two semesters. He has since passed all 12 modules of the Association of Chartered Accountants (ACA) and is eligible for its Audit qualification, and is a member of ICAEW, the Institute of Chartered Accounts in England and Wales. He speaks Italian, English, Spanish and Portuguese fluently.
Inclimona brings to Prestige a wide range of experience in portfolio analysis, investment audit, financial accounting and reporting, financial management, taxation, financial statements and assurance reporting. He can draw on an extensive background in investment management and operations.
He will also become an approved person in Malta subject to final regulatory approval by the Malta Financial Services Authority (MFSA).
Craig Reeves, Founder of Prestige Capital Management, says: “We’re delighted with the appointment of Dario to our expanding team. People of his calibre are always sought after and it is encouraging to see that Prestige is able to attract this level of talent.
“We are continuing to invest in Malta and expand our footprint here and we have significant further expansion plans, which require personnel with Dario’s experience to facilitate our growth objectives and to meet the increasing expectations of our international institutional clients.”
The PCM office is managing the day to day reporting requirements for the Prestige Funds range globally (including AIFM, NPPR and risk related), meeting reporting requirements for Luxembourg, Malta and Cayman Islands alternative investment funds.
“Investors want to see the right people, solid processes and robust systems in place when carrying out their due diligence,” adds Reeves. “At PCM we are providing investors with the levels of governance and oversight that reassure them. In Malta we have a great pool of talent to staff our growing operation.”
In 2015 PCM obtained full scope AIFMD capabilities and now operates both Malta and Luxembourg-domiciled SICAVs. It also moved to new premises in a larger office complex in Naxxar, on the north side of the island, to meet the needs of the growing business and associated increase in personnel.
PCM opened its original office in Malta in Spring 2011 and currently provides a central investment management, risk management and accounting function for its Malta and Luxembourg-domiciled SICAVs, along with providing various support services for non-regulated administration-based activities of affiliated Prestige companies.
