Conifer Securities, a provider of comprehensive investment capabilities to both onshore and offshore funds, makes new appointments. David Bateman has been named associate director and Donna-Maria De Roche will serve as an account manager. Both will be engaged in fund administration.
New executives have expertise in the components of providing offshore services to US-based hedge funds and alternative asset managers. Mr. Bateman joins Conifer from UBS Fund Services and Ms. De Roche from Fortis Prime Fund Solutions.
Bateman also worked as a senior accountant at Bank of America (Cayman) Ltd. He is a specialist of high caliber in the offshore financial services industry, especially fund administration. Donna-Maria De Roche will contribute Conifer Securities a wealth of experience in administering funds with varying legal structures and investment strategies.
“Faced with unprecedented market turbulence, hedge funds more than ever need to be disciplined and efficient,” says Peter O’Connell, managing director, Conifer Fund Services Ltd. “We’re seeing a significant increase in demand for our services as managers look to streamline operations without sacrificing the quality and expertise needed to perform. David and Donna join us at a time when growth is a key part of our business strategy. Their experience in the fund service space will prove extremely valuable both to us and to our clients.”
L.D.