Northern Trust has appointed Dave Sauvarin as managing director of its Jersey office. Sauvarin, who was most recently head of Northern Trusts UK listed real estate administration team in Guernsey, replaces Paul Guilbert, who has been appointed as head of private equity in Guernsey. Guilbert will retain his role as head of Northern Trusts global private equity fund administration operations.
Sauvarin is responsible for managing Northern Trusts Jersey office, which provides services for a range of traditional and alternative assets including real estate, private equity, infrastructure funds, hedge and fund of hedge funds administration.
Sauvarin has been with Northern Trust for 15 years in various risk management and fund administration roles. In 2006 he moved into Northern Trusts real estate fund administration operations, assuming responsibility for teams specializing in commercial real estate investment, stock exchange listings and real estate product development and projects. He will report to Paul Cutts, who was recently appointed as country head for the Channel Islands.
Guilbert, who has worked across the private equity industry, joined Northern Trust in 1997. In his new role, he is responsible for managing Northern Trusts private equity fund administration team in Guernsey. He replaces Dave Sullivan who has returned to Northern Trust in Chicago.
(JDC)