Fund Partners an independent ACD (Authorised Corporate Director) has hired Chris Spencer as the new Managing Director for its London office.
FP was recently acquired by FundRock, one of the largest independent UCITS and AIFM investment management companies in Europe.
Over the course of his 30 year career, Chris has gained extensive experience in the UK investment funds industry covering all aspects of retail and fund administration as well as developing brokerage capability alongside asset management. Before joining FP Chris was Managing Director at International Financial Data Services (“IFDS”), which has been renamed DST, where, over his 13 year tenure, he helped build the TA business into the UK leader in this sector. Alongside that, Chris also helped to develop a Hosted ACD company as part of a new venture for IFDS to take them into the 3rd party Management Company business.
Revel Wood, CEO of FundRock said: “We are delighted to have Chris join our team. This is one of a number of key hires planned as part of our expansion and investment in people and platform to serve clients across U.K., Ireland and Luxembourg. Chris brings significant experience of the U.K. market and is returning to FP having served on the Board when it was still IFDS Managers.”
Chris Spencer, MD of FP commented: “This is a very exciting opportunity – the strong pedigree that FundRock brings to Fund Partners makes it uniquely positioned to develop the UK 3rd Party ManCo business and help its clients grow their own businesses safely and securely in what is becoming an increasingly complex and changing regulatory environment. The world is also becoming more connected and the Fund Services solutions that FundRock (including Fund Partners) can bring to its clients is now even stronger given its wider reach. That makes this a great time to join Fund Partners and I look forward to helping grow it into a leading global business supporting our clients both locally and as they expand.”