FundRock Management Company has appointed Enda Fahy (pictured), to head up the Illiquid Alternatives function at its Luxembourg Headquarters.
FundRock, one of the largest independent UCITS and AIFM investment management companies in Europe, has recently opened its Irish branch and has announced its intention to acquire a UK-based ACD. FundRock, as part of its five-year strategy, is also developing its current AIFM business to cover illiquid assets.
Over the 15 year course of his career to date, Fahy has acquired extensive experience in the Real Estate and Private Equity industries. Prior to relocating to Luxembourg, he was based in London for 10 years heading up the Cosgrave Group family office. His expertise spans the world of construction, property investment and asset management, as well as extensive experience of Private Equity investing. Fahy has also worked at State Street Luxembourg and in a senior role at Lidl Ireland. He will also act as Conducting Officer for Alternative Investments.
With hands on expertise in fund structuring and Real Estate and Private Equity investment, Fahy’s appointment will add substantial expertise to FundRock’s existing professional team, and will support FundRock’s clients in navigating the landscape of legal and regulatory obligations for illiquid AIFM funds and their directors.
Revel Wood, CEO of Fundrock, says: “We are delighted to have someone with Enda’s experience and exposure to the real assets sector to lead the department. Real assets are gaining popularity among investors and Enda is here to ensure our clients’ needs are covered. Our people are the cornerstone of our success and I believe Enda will be a valuable addition to the team that will further enhance FundRock’s unique pan-European proposition.”
Fahy says: “I am excited to relocate to Luxembourg to join such a dynamic team and to build out the Real Estate, Private Equity & Debt capability. The increasing complexity of Alternative Investment Fund Management (AIFM) regulations requires expertise in investment management and an in depth knowledge of the entire investment lifecycle. I am looking forward to working with clients, understanding their business and creating winning working partnerships that will help their business succeed.”
Fahy graduated from the University of Limerick with an LLB in Law and European Studies in 2003. He is a member of the Royal Institute of Chartered Surveyors.
