Tom Auchterlonie
Fund administrator aims to help sponsors struggling to find suitable finance chiefs, and it landed a former GP CFO who is joining the offering’s team.
Service provider boosts European presence in a deal meant to follow clientele that are also growing into international markets.
Funds see retail investors as a big source of opportunity – and associated challenges – in Europe, and new rules could help fuel growth.
Tokenization could bring in $270bn in new revenues for GPs, according to report.
Deal documents bound employees to expansive MNPI rules; division head also pushes co-operation for leniency in personal messaging cases, notes AI usage risks.
Division led by industry veterans beats expectations since launch, according to one of the platform’s top executives.
New hire brings breadth of experience, from compliance to fundraising.
Investors value ongoing relationships and eschew lavish meetings.
The incoming finance chief, Ruth Prior, has held several C-suite posts over her career.
A recent settlement likely means the SEC is already investigating the private funds sector for compliance breaches related to electronic messaging.