Florent Rigaud, former Director of Pershing Latin America Division, recently announced his decision to accept the position of Director of Miami-based company, FlexFunds, working with asset managers on creating their FlexETP. FlexETP, a comprehensive vehicle for investment management and distribution, is wrapped and dispensed through a Euroclearable listed security, providing price (NAV) calculation and distribution, ISIN/CUSIP, Bloomberg page, trustee and audit services.
“This transition comes at a crucial time in the finance industry, where asset managers seeking custodial services, administration, and distribution, tend to undergo a process that dissuades growth and development by requiring more internal resources,” states Florent Rigaud. “With FlexETP, you benefit from a turnkey solution, quickly and easily establishing one of the most advantageous and flexible vehicles for raising capital and managing underlying assets. As the new Director of the New York office, I am thrilled with this opportunity and excited to witness FlexETP become a household name,” adds Florent Rigaud.
Mario Rivero, Director and Head of the FlexFunds Miami office, states, “It is a great privilege to welcome such an accomplished addition to our team. Florent is already proving himself to be a great asset, bringing with him 20 years’ experience in the industry with an established reputation in the region.”