Equiom has launched Equiom Fund Solutions (Ireland) Limited, a ‘Super ManCo’ for fund managers. Equiom’s management company offers both AIFM and UCITS solutions for regulated funds looking to raise capital from investors in the EU and is one of the first to be authorised under the CBI’s revised CP86 requirements.
The team is led by Kevin Bardon who joins from Deutsche Bank where he led its Irish Super ManCo platform since 2017. Bardon has more than 30 years’ experience in the funds industry and has held senior positions at CITCO and State Street. Having worked across the UK, US, Germany and Ireland, Bardon brings an extensive background in product governance, audit, risk, compliance and operations. He is joined by investment management and governance professionals Veronica Morrissey and Stephen O’Sullivan, with more hires in train to be announced during 2021.
Equiom’s Chief Executive Officer, Mark Porter, says: ‘Expanding our Dublin office represents a strategic investment into our institutional fund solutions capability. Our focus is on providing fund governance, risk and compliance solutions to asset managers and private clients in onshore and offshore global financial centres. In a complex regulatory environment, where substance requirements and effective oversight are increasingly important for investors, this acquisition will position us as a key partner for sophisticated client needs. I am delighted to welcome Kevin and the team to Equiom and value the expertise and industry knowledge they bring to the Group’.
Bardon, says: ‘I am very excited to be part of Equiom’s continued expansion into the funds governance sector. The timing is excellent on the back of a number of major industry influencing factors including the Central Bank’s publication of the thematic review of fund management companies, Brexit and the continued growth of the funds industry in Ireland. The transaction will enable us to leverage Equiom’s global network and offer European fund management solutions to clients. These are very exciting times for Equiom to be consolidating its position in the funds market.’