Maitland Reshuffles Institutional Client Services Management Team

Nov 3 2016 | 7:46pm ET

Global advisory and fund administration company Maitland has announced a broad restructuring of its institutional client services management team in order to better reflect the current hedge fund and private equity sector landscapes.

The move aims to help companies in those sectors be more agile in the face of increased regulations and tightening margins, according to a spokesperson. The restructured management team will now reflect the five fund services products Maitland offers – Traditional Fund Services, Transfer Agency, Hedge Fund Services, Private Equity & Real Estate Fund Services and ManCo Services.

In addition to reflecting developments in the alternative investment industry over the past several years, the move also speaks to the growth Maitland has experienced in terms of size, geographical reach, and breadth of internal expertise. 

The new product-centric 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, Maitland said. 

The institutional offering as a whole be managed by Jim Clark, who joined Maitland in May 2014 from State Street and brings more than thirty years of industry experience to the role. The TFS team will be led globally by Rob Leedham, while the TA and HFS teams will be led globally by Mark Bredell and Ben Pershick, respectively. Bruce McGlogan will head up the PERE team as it builds on a period of success in Europe and South Africa. 

“Maitland is a unique firm in terms of its product capability and breadth of services we are able to offer institutional clients,” commented Steve Georgala, CEO of Maitland, in a statement.  “Our focus is to stabilize the areas of Maitland that have enjoyed substantial growth recently, while continuing to actively grow products and regions where our offering is attracting considerable market interest. Given this, it made sense to restructure our organization to reflect our client-centric approach, and to empower our business leaders to deliver the best service possible.”

Founded in Luxembourg in 1976, Maitland is provides multi-jurisdictional legal, tax, fiduciary, investment and fund administration services to private, corporate and institutional clients. The firm is privately owned and fully independent, administering funds for multiple investment managers and sponsors, and has more than $280 billion in assets under administration.


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