Global investment firm Värde Partners has bolstered its global leadership team with the appointments of its president and deputy CEO. In a separate development, administration, and fiduciary services provider Ocorian has ramped up its headcount in its global fund services division in the Asia Pacific region.
Värde Partners strengthens leadership team
Global alternative investment firm Värde Partners has promoted Jon Fox to take on the role of president, and Andy Lenk as its deputy CEO.
The firm has also named Aneek Mamik as its global co-head of financial services. He is promoted from senior managing director.
These appointments within the company are the latest in the series of transition steps that previously included the appointment of Ilfryn Carstairs as co-CEO and CIO and the promotions of Brad Bauer and Giuseppe Naglieri as deputy CIOs.
“I’ve often said that transition is a process involving the entire firm and a number of leaders,” said George Hicks, co-founder and co-CEO. “The appointments reflect the many contributions of Jon and Andy to the success and growth of the firm as well as the leadership experience and capabilities that they will bring to the years ahead.”
Värde Partners is a global alternative investment firm with roots in credit and distressed. Founded in 1993, the firm has invested more than $75 billion since its inception and manages over $14 billion on behalf of a global investor base. The firm’s investments span corporate and traded credit, real estate and mortgages, private equity and direct lending.
The firm has offices in Minneapolis, New York, London, Singapore and other cities in Asia and Europe.
Ocorian ropes in senior execs
Ocorian, a corporate services firm specialising in fiduciary, fund administration and capital markets, has made a number of senior appointments to its global fund services Asia Pacific division.
According to an announcement, Naveen Sivaambihaibalan joins the firm as head of fund services, APAC; Cursley Legoff joins as a client director and Vikram Nursing takes on the role of a senior manager.
“The appointments strengthen Ocorian’s client solutions offering and broadens the range of tailored and institutional solutions that are provided to meet their clients’ evolving needs,” the company said in a statement.
These three new hires follow the recent senior appointment of Jay Moghe, head of Asia Pacific sales and business development, and Charmaine Tan, sales support manager.
Naveen joins Ocorian from Apex Fund Services where he was vice president, private equity and real estate operations. His primary responsibilities include building a formidable fund services offering both to clients in APAC and globally.
Cursley’s primary responsibilities are to manage and develop the team of fund administrators and implement strategies to support the growth and expansion of the business.
Vikram joins Ocorian from Apex where he was assistant vice president, private equity and real estate operations. His primary responsibilities are to manage the day to day operations and client relationships.
Ocorian is a global provider of corporate and fiduciary services, fund administration and capital markets. It has $260 billion in assets under administration.