The Securities Information Processors’ (SIPs) Operating Committee has added three new members to its Advisory Committee. The new members are Chris Nielsen, Managing Director, Charles Schwab & Co, W Todd Watkins, Director, E*TRADE Financial Corporation, and Matt Billings, Managing Director, TD Ameritrade. 
 The SIP Advisory Committee meets quarterly with the CTA and UTP Operating Committees and the Securities and Exchange Commission (SEC) to review SIP performance and discuss policy matters. The 11-member Advisory Committee represents the diverse viewpoints of the marketplace, with representatives from the retail investment community, the vendor community, the institutional brokerage community and the ATS community.   “On

PAAMCO Prisma’s Co‐CEOs Jane Buchan (pictured), and Girish Reddy are transitioning to advisory roles at the Company, with a team of long‐tenured senior leaders set assume the day‐to‐day responsibility of running the business. The transition comes more than a year after Prisma and PAAMCO combined to form PAAMCO Prisma Holdings, a majority employee‐owned firm that today has USD30 billion of assets under management or advisement through its subsidiaries.   Effective 1 August, PAAMCO Prisma will be led by an Executive Committee, comprised of six senior leaders of the combined enterprise: Anne-Gaelle Carlton, Mayer Cherem, Vince Cuticello, Von Hughes, Paul Roberts

MUFG Investor Services (MUFG), the global asset servicing arm of Mitsubishi UFJ Financial Group, has appointed Oliver Scully as Head of EMEA Sales and David Sarfas as Global Head of Private Equity. They will be based in London and report to Mike McCabe, Managing Director, Global Head of Business Development, and John Sergides, Deputy Chief Executive Officer, respectively.   Scully will be responsible for driving the growth of MUFG’s asset servicing solutions across private equity and real estate, as well as hedge funds and fund of funds, in the EMEA region to fully meet clients’ evolving needs. These solutions include

Managed Funds Association today announced that after ten years of service as the Managed Future Association’s (MFA) General Counsel, Stuart Kaswell is to step down later this summer. Working with MFA Members and staff, Kaswell has helped shape the US and EU legal frameworks that govern the alternative investment industry today.   “The past ten years brought about sweeping change for our industry – including new regulations, greater transparency, and improved risk management. Getting here required a deep understanding of financial services law, credibility with policymakers, long hours, and the patience of Job. Enter Stuart Kaswell,” says MFA President and

XTRD, a technology company building infrastructure for institutional investors to enter into cryptocurrency, has appointed Steven Nerayoff, one of the original creators of the framework for Initial Token Offerings (ICOs), as a strategic advisor.  Nerayoff will advise XTRD as the company begins to roll out their product and onboard institutional clients for the initial trials of its complete trading platform.     “Steve is legend in the world of blockchain and cryptocurrency and to have him onboard with us as we begin to onboard major strategic partners is incredible and truly an honour,” says Alexander Kravets (pictured), CEO of XTRD.  “His

Stroock has added two partners: capital markets and derivatives partner Akshay Belani in New York and ERISA and governmental plan investments partner Patrick Menasco in Washington DC. Joining Stroock with Menasco is associate Bibek Pandey.   Belani, previously a partner at Morgan Lewis, joins Stroock’s Commodities/Derivatives and Energy Group. He advises financial institutions on derivatives, futures and commodities trading, and on related structured products and capital markets transactions. His clients include hedge funds, institutional investors and broker-dealers.   Belani also focuses on regulatory and compliance issues related to Dodd-Frank derivatives regulation including rules affecting both buy- and sell-side market participants.

International law firm Simmons & Simmons has opened for business in Dublin, having always had close links with the Irish funds industry. Simmons & Simmons says that Ireland has been the fastest growing major fund domicile in Europe over the last five years, a tangible reflection of the benefits the Dublin office can offer the firm’s clients.   Simmons & Simmons is aiming to establish a ten-partner, 40-person practice within the next three years, supporting its asset management and financial institution clients across the breadth of their operations, including investment funds, regulatory, banking, capital markets, tax and corporate. The firm has

Martin Currie has unveiled a new investment team leadership structure, which the active equity specialist says focuses on the next stage of delivering its growth ambitions.  The firm says the changes will enable a higher level of participation for the investors running strategies within the business and draws upon the strength of this highly experienced team.   The Investment Executive will be chaired by CEO Willie Watt (pictured)), who will continue to have accountability for oversight and monitoring of investment process and performance, based on Martin Currie’s existing governance model. Oversight continues to be supported by Jeff Casson (Head of

Causeway Capital Management (Causeway) has hired Mark D Osterkamp as Head of Global Institutional Sales and Marketing.  He reports to Causeway’s Operating Committee of Sarah Ketterer, Causeway’s Chief Executive Officer, Harry Hartford, President, and Gracie Fermelia, Chief Operating Officer. “We are delighted to have a professional of Mark’s caliber to lead Causeway’s global institutional sales and marketing,” says Ketterer. “Mark has impeccable credentials and a terrific reputation, and will no doubt strengthen our marketing efforts and relationships with our clients worldwide. We are always seeking to improve our firm, and we’re certain Mark will be a great fit with the

FrontLine Compliance has strengthened its consulting team in response to the continued growth of the firm’s offerings of regulatory compliance advising and support for SEC registered investment advisers and private funds. Mike Spero, a former Chief Compliance Officer, recently joined FrontLine Compliance as Senior Vice President to handle clients’ compliance requirements.   Spero specialises in complex regulatory compliance matters for investment advisers and private funds. With over seventeen years of compliance specific experience, he has excelled in senior compliance roles guiding money managers on the implementation and oversight of an effective compliance program. Spero most recently served as Chief Compliance