Clive Snowdon has been appointed group managing director of the Moore Group.
This new role is the first senior position to be announced since the fund business was acquired by First Names Group in January.
Snowdon’s (pictured) experience and knowledge ideally place him for the new role at Moore. He has over 15 years’ senior international business and operational experience in alternative assets covering hedge funds, funds of hedge funds and private equity funds. Snowdon will replace Ian Moore as managing director, whilst Moore takes up his new position as executive chairman of the Moore Group.
During three years in Switzerland when Snowdon was chief operating officer of Gottex Fund Management, assets grew from under USD1bn to nearly USD7bn. His subsequent move was to become head of the alternatives fund administration business of Credit Suisse in Guernsey.
Prior to moving into the alternative assets industry Snowdon, who has a degree in economics, spent over six years as head of risk control and operations for Mitsubishi Corporation Finance.
“Joining Moore Group at this exciting time is wonderful opportunity to contribute into the dynamic expansion of the Group’s product and service offerings,” says Snowdon. “I was impressed by the unique strengths and strong culture when I was first introduced to the business few years ago and I hope to build on this, working alongside Ian Moore.”
Moore says: “I am delighted that Clive is joining the team here at Moore. His experience and skills cover all areas of our business and his familiarity with the Japanese market is an added bonus. Clive’s appointment means that I will be able to concentrate on my new role and I am really looking forward to that challenge.”