Maitland, a global advisory and fund administration firm, has announced a major organisational restructure of the leadership team of its institutional client services arm. The management team will now reflect the five fund services products on offer – Traditional Fund Services, Transfer Agency, Hedge Fund Services, Private Equity & Real Estate Fund Services and ManCo Services.
The move reflects Maitland’s impressive expansion over recent years, both in terms of size and geographical reach as well as breadth of internal expertise and talent. The product approach empowers each product head to drive all aspects of the delivery to clients, both in terms of day-to-day service as well as longer-term strategic alignment.
The entire institutional product offering will be led by Jim Clark, who joined Maitland in May 2014 from State Street and brings over thirty years of industry experience to the role. The TFS team will be led globally by Rob Leedham, with Guido Frederico leading the South African business. TA and HFS teams are led globally by Mark Bredell and Ben Pershick respectively while Bruce McGlogan will head up the PERE team as it builds on its current period of success in Europe and South Africa.
Steve Georgala, CEO of Maitland, said: “Maitland is a unique firm in terms of its product capability and breadth of services we are able to offer institutional clients. We are delighted to have a leadership team full of deep industry experience, with each member bringing substantial knowledge and expertise to their domain. Our focus is to stabilise the areas of Maitland that have enjoyed substantial growth recently, whilst continuing to actively grow products and regions where our offering is attracting considerable market interest. Given this, it made sense to restructure our organisation to reflect our client-centric approach, and to empower our business leaders to deliver the best service possible. These are exciting times for the company.”