Former Quintillion CEO to join JP Morgan’s fund services team

Joan Kehoe had been with Dublin based Quintillion since she founded the firm in 2006.
By Jonathan Watkins
JP Morgan has snapped up the former long-serving chief executive of fund administrator Quintillion, Joan Kehoe.

Kehoe will assume the role of global head of alternative investment services, according to a note seen by Global Custodian.

Kehoe boasts over 30 years of experience including almost a decade at the Dublin-based alternatives specialty firm Quintillion, which she founded in 2006.

The fund administrator was then purchased by US Bancorp in 2013.

In her new role Kehoe will report to Tim Fitzgerald, head of global fund services and will also team up with former colleague Garrett Breen, who was part of the executive management team at Quintillion and now operates as an MD in JP Morgan’s alternative investment services.

JP Morgan’s fund services business has gone through a significant period of change over the past year including the addition of Fitzgerald, as part of a growth plan for its custody and fund services business led by Teresa Heitsenrether.

Major departures have also occurred over the past six months including former fund admin head Stephanie Miller to SS&C, fund admin executive director Patrick O’Brien to Citi and Gareth Williams, a former SVP to Apex Fund Services.