GC Legend Robert Caporale has been appointed as CEO of Exchangelodge, a business process automation and data integration platform for private capital firms.
Caporale, who was JP Morgan’s CEO of private equity fund services from 2005 to 2008, will also take up a role on Exchangelodge’s board of directors.
Exchangelodge aims to simplify private capital data management by providing a playbook of workflows, data connectors and boardroom reports with the aim of increasing efficiency and enhancing regulatory reporting for private capital firms.
According to a 2016 survey carried out by Ernst and Young, private capital firms are paying more attention to the reporting demands of investors and managing regulatory change as part of redesigning their business models.
“We have chosen a very strong and effective leader at a time when Exchangelodge is poised to make a big difference in the private capital industry,” said James Haluszczak, Exchangelodge founder.
“Robert has a history of proven success in the private capital and financial services industries. We are confident he will take Exchangelodge to great places.”
During a 12-year stint at JP Morgan, Caporale also held the role of head of asset manager sales and relationship management, custody and fund services for the Americas region as well as CEO of its alternative investment services.
He also served as a director of corporate trust services at Deutsche Bank between 1993 and 1999.
“Exchangelodge has developed a revolutionary platform for private capital firms that eliminates the challenges of manual processing and provides a more robust data management infrastructure,” said Caporale.
“I’m thrilled to join the team to grow the company and drive broad-based adoption of our platform.”