KB Associates, a consulting firm to the asset management community, has appointed Maurice Murphy as senior consultant – risk management services.
He will support the firm’s roster of traditional and alternative asset manager clients.
Murphy will be responsible for leading the development of KB Associates risk management solutions for all clients operating under the AIFMD regime.
Murphy says: “AIFMD significantly increases the focus on risk management. Both asset managers and the offshore funds they manage require increasingly substantive risk management processes. I very much look forward to working with the team here at KB Associates in developing a suite of risk management solutions which will meet the needs of our clients. ”
Mike Kirby, managing principal of KB Associates, says: “We are delighted that Maurice has joined KB Associates. Maurice brings with him a many years of practical investment risk management experience which will complement KB Associates’ existing fund governance, compliance and operational oversight capabilities. Maurice will provide our clients with detailed advice regarding the design and implementation of robust risk management frameworks as required under AIFMD. This is an area of critical importance to both EU investment managers and indeed non-EU managers marketing alternative investment funds in Europe.”