Hedge fund consultant Cordium (the new name for HedgeOp Compliance and The IMS Group) has made two senior hires.
Peter Guarino joins the firm as a vice president in Cordium's Boston office and Vivek Pingili as vice president in the New York office. Both will report to Patrick Shea, managing director and partner.
Guarino has almost 30 years' experience as chief compliance officer and in-house counsel, most recently as CCO for Timberline Asset Management, part of a San Francisco based advisory firm. Prior to that, he founded IM Compliance, providing independent fund CCO and adviser CCO support services. Guarino also served as general counsel for MiFund and as the US-based CCO for the G.T. Global Funds. In his new role at Cordium he will lead the mutual fund division, an area of growth for the consultancy.
Pingili joins Cordium from Proskauer Rose, where he had been supporting private investment fund managers, including private equity, private real estate and venture capital fund managers, on a range of regulatory compliance activities. He has specialized in compliance across the spectrum of the alternative investments industry throughout his decade-long career in in-house and law firm positions.
Said Bill Mulligan, CEO, Cordium US, in a statement: “Peter and Vivek are joining Cordium at a very exciting time for the firm. The recent announcement of our new name, bringing together The IMS Group and HedgeOp Compliance, coupled with our new office in Asia, signal our intent to grow. Key to that will be to attract accomplished individuals like Peter and Vivek, so we can continue to broaden and deepen the services we offer clients.”
Cordium has offices in London, New York, Boston, San Francisco and Hong Kong and employs a staff of more than 100 professionals.