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Shadmoor Advisors, an operational due diligence (ODD) provider for the alternative investment community, has appointed David Umbricht as Managing Director, responsible for operational due diligence coverage across all investment strategies.  Bringing two decades of financial markets, operational and trading experience to Shadmoor, Umbricht has worked with a broad range of organisations including a family office, a major fund of funds, a private bank in Europe and a commercial real estate firm.   “As the role of ODD in recognising potential business risks has become more central to the asset allocation and ongoing portfolio management process, I am excited to join
PGIM Investments has made senior-level hires across its marketing and technology functions, as well as expanding the roles of two senior executives. PGIM Investments is the global manufacturer and fund distributor of PGIM Inc, the USD1.3 trillion global investment management business of Prudential Financial.   Coupled with attractive investment results, PGIM Investments has grown its mutual fund assets under management from USD28 billion to USD115 billion over the past ten years. To continue building its global capabilities, PGIM Investments has added experienced leadership in its marketing and technology functions.    With more than 25 years of investment management marketing experience,
The Depository Trust & Clearing Corporation (DTCC) has appointed Lynn Bishop as Chief Information Officer (CIO), effective immediately. In this role, Bishop is responsible for the ongoing development and testing of all the technology that supports DTCC’s post-trade infrastructure, communications networks, processing and messaging systems, as well as the IT applications underlying DTCC’s broad range of products and services. Bishop is a member of the firm’s Management Committee and now reports directly to DTCC’s CEO, Michael Bodson.   Prior to this, Bishop served as DTCC’s Chief Development Officer (CDO) and, before that, was Chief Technology Officer (CTO). During her nearly
Sanne, a global provider of alternative asset and corporate administration services, has appointed Paloma Gonzalez as a director in Madrid. Gonzalez (pictured) has more than 19 years of industry experience and joins SANNE’s Spanish business to drive the European offering to a variety of clients and structure that invest directly or indirectly in alternative assets. She will be responsible for strategic implementation, financial reporting and business development. Prior to her appointment to SANNE, Gonzalez worked for CITCO where she headed up the Madrid office.   Manuel Rodríguez, Country Head – Spain, SANNE, says of the appointment: “We are delighted to
Allianz Global Investors (AllianzGI) has appointed Andreas Fruschki as head of the firm’s Thematic Equity team. The creation of the Thematic Equity team reflects AllianzGI’s commitment to thematic investing, as more clients look to make investments in a way that aligns with their interests and values. The new team, made up of five experts in thematic investing, will focus on depending and expanding AllianzGI’s thematic investing capabilities as well as producing in-depth research. The team’s focus on providing stronger thematic research will benefit AllianzGI’s clients and other investment professionals.   AllianzGI currently manages around EUR10 billion in global thematic equity
Pardigm Governance Partners Limited (Paradigm Governance), an independent provider of director services, distressed fund and value recovery services and outsourced accounting services, has hired fund professional Jessica Lopez to its fiduciary team. Lopez joins Paradigm from KPMG Cayman Islands where she worked as an Assistant Accountant with the insurance and enterprise audit practice. Prior to her work at KPMG, Lopez worked for Greenlight Re, a NASDAQ listed company who provides risk management product to the insurance and reinsurance marketplace.   Geoff Ruddick, Partner at Paradigm Governance Partners, says: “We are pleased that our service model and approach to corporate governance
IQ-EQ, an investor services group, has appointed Tedrick Green as Client Director to support its growing offering in Cayman. Cayman is widely recognised as a leading funds domicile, which now houses nearly half of the alternative fund industry’s estimated assets under management. As the regulatory environment in the Cayman Islands develops and compliance requirements evolve, access to on-the-ground expertise in this jurisdiction has become increasingly important. Working alongside IQ-EQ Cayman’s Country Delivery Director, Selma Lee Arch, Tedrick’s appointment will not only meet the growing demand for regional expertise but strengthen the senior management team as the office continues to grow
Crestbridge has appointed Michael Johnson as Group Head of Fund Services as the firm bolsters its ability to support the needs of a growing global fund client base. Johnson (pictured) will be responsible for continuing to grow and evolve Crestbridge’s overall funds proposition, supporting managers operating across asset classes, including private equity, real estate, debt and credit funds, and helping them to navigate the regulatory environments in multiple jurisdictions. With more than 17 years’ experience in international financial services, Johnson joins Crestbridge from Intertrust where he was Head of Fund Services in the Channel Islands and instrumental in developing the
The Irish asset management division of Mediolanum Banking Group, Mediolanum International Funds Ltd (MIFL), has appointed Fixed Income Portfolio Manager, Elizabeth Geoghegan. Geoghegan will be based in the firm’s Dublin office, working closely with Head of Fixed Income, Charles Diebel. As a Portfolio Manager in MIFL’s Fixed Income team, Geoghegan will be instrumental to the performance of the firm’s in-house strategies, as well as being an active member of MIFL’s strategy team, and working closely with the firm’s multi-manager selection team.   Geoghegan joins MIFL from Dublin-based boutique asset manager, Goodbody Asset Management, where, as a Fixed Income Fund Manager,
Independent institutional currency investment manager, Millennium Global Investments (Millennium Global) ihas opened an office in Paris and appointed Klaus Paesler as a senior Business Development Manager for Europe. The new Paris office will allow Millennium Global to better serve its existing continental European clientele and will provide a platform for further developments across Europe. In due course, it is expected the business will employ up to twelve individuals in Paris, including macro-economic and quantitative research staff.   The French company, Millennium Global (Europe) SAS, is managed by Alexandre Potin who joined Millennium Global from Factset, where he had been a

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