HighWater has appointed Darren Stainrod, former managing director of UBS Cayman and global head of alternatives, to its corporate governance team.
Stainrod (pictured) has more than 25 years of experience in the alternative investment fund industry, working with the world’s largest asset managers and institutional investors. Prior to his 17 years at UBS, he was an auditor at both Deloitte and PricewaterhouseCoopers.
Mark Fagan has also been promoted to director. Fagan is a Chartered Accountant and CFA Charter holder. Prior to joining Highwater, he was an investment adviser with RBC Dominion Securities; portfolio manager and performance analyst at Butterfield Bank; and fund accountant at HSBC Financial Services and Butterfield Fund Services in the Cayman Islands.
Stainrod and Fagan join the other latest newcomers to the Highwater director bench: Matt Auriemma, formerly senior managing director and global head of operational risk management at UBP Asset Management; and Todd Groome, former global chairman of AIMA and adviser to the International Monetary Fund.
Managing director Gary Linford says: “We are thrilled that Darren will join us and are pleased that HighWater continues to attract such high quality professionals. Mark has worked tirelessly implementing our business model, extending his understanding of our clients’ needs. Mark and Darren have the correct skillset alongside the client-service attitude that we live by.”