Five new appointments at Fairway Group

Thursday 04 August 2016

Five new members of staff have joined the Fairway Group's Funds team.

The new employees will double the size of the existing funds team, who currently provide fund administration, trustee and Manager of Managed Entity (MoME) services for Jersey-based fund and managed entity operations and manage £1.3 billion in assets under administration.

Associate Director, Luc Guillou joins the team from Deutsche Bank, where he worked with leading managed account hedge fund platforms. He was also part of a team responsible for overseeing the valuation of approximately 50 managed accounts with varying strategies.

A qualified chartered accountant, Luc has also audited a number of hedge, private equity and real estate funds and has previously acted as an associated person with the National Futures Association, the independent self-regulatory organisation for the U.S. futures market.

Funds Director Pippa Davidson said: “Luc’s appointment will help bolster the team in respect of our valuation and accounting services and provide invaluable support for clients. Luc has particular experience with the oversight of outsourcing arrangements, due diligence and pricing for hedge funds. All of which will be key in supporting our growth in providing services to the hedge markets. We are delighted that Luc has joined Fairway and I am confident that he will be a great asset to the team.”

The team will be further supported by the appointment of a senior funds administrator, fund administrator, trainee fund administrator and compliance administrator.

MD of Fairway Group, Louise Bracken-Smith said: “These new appointments represent a significant growth in the funds division of the business, which is going from strength to strength.

“By investing in people and strengthening the team we are reinforcing our commitment to supporting our clients and their business aspirations.”