Julius Baer International
Julius Baer International has announced the appointment of two new senior hires in London, as it continues to strengthen its local proposition and grow its locally-based wealth management services for clients across the UK.
Patrick Wilson joins JBI as a senior relationship manager, having previously spent 16 years at Credit Suisse in London, where he was a Managing Director and responsible for building a business focused largely on UK entrepreneurs and corporate executives.
Prior to this, he was a financial adviser at Bank of Scotland's Investment Service, and also spent eight years as a History teacher before that.
Ryan Perry joins as a relationship manager, and brings over 10 years of wealth management experience to the role.
Formerly at Credit Suisse, where he focused primarily on delivering discretionary portfolio management, advisory solutions and lending services to both HNW and UNHW clients, he is also a Chartered Member of the Chartered Institute of Securities and Investments.
David Durlacher, CEO, Julius Baer International said: "We are thrilled to welcome Patrick and Ryan to Julius Baer International. They both bring extensive experience across private banking and wealth management, and will further strengthen our offering to clients in the UK as well as play an important role in supporting our future growth."
Patrick Wilson, said; "I am excited to be joining a bank which has a pure focus on wealth management. I continue to be impressed with the people and the culture within the bank, and its determination to put clients first."
Ryan Perry said: "I am delighted to be joining a forward thinking organisation that places client outcomes and long term value creation at the centre of its decision making and culture."
RBS International
Wendy Phillis has been named as RBS International's new Chief Risk Officer.
She has over 25 years' experience in global leadership roles in risk and compliance within financial services.
Previously she held positions including group chief risk officer at Link Group, managing director of regulatory solutions for RBC Investor & Treasury Services and group chief risk and group chief compliance officer at ICAP.
She also has more than 16 years' experience at State Street, holding roles as senior vice president, head of risk management (EMEA) and COO for State Street Global Markets (EMEA).
Oliver Holbourn, CEO of RBS International, said: "This is a fantastic appointment and Wendy is an excellent addition to our new Executive Team. She is hugely talented and brings a broad range of experience and strong regulatory credentials, having held senior positions with some of the major players in the industry. I'm looking forward to working with her and our ExCo to shape and inform our strategic intent over the next stage in the bank's journey."
Phillis said: "I am absolutely delighted to have been asked to lead RBS International's Risk team. I believe strongly in our bank's purpose and am looking forward to working to ensure that we continue to deliver that purpose, while maintaining a risk profile that meets the highest banking industry standards."
Crestbridge
Crestbridge has appointed Anthony Lee as director, UK head of corporate services, as the business continues to evolve and enhance its corporate service proposition for the UK market.
He will play a key role in further developing Crestbridge's existing comprehensive suite of services and solutions for corporate clients, including pre-IPO support, accounting, governance and depositary services for Real Estate Investment Trusts (REITs) and other investment companies.
With a career in finance, governance and business management spanning almost 30 years, he also has extensive expertise in the UK listed funds sector. In particular, he has specialised in the provision of bespoke outsourced support services to investment companies following equity, real estate, infrastructure, renewables, fund-of-funds and debt strategies.
Prior to joining Crestbridge he was head of listed funds, UK, at another large global corporate and fund administration services provider, where he played a key role in the development of its UK listed fund solutions.
His appointment adds further expertise to Crestbridge's already highly experienced Corporate and Capital Markets team following the appointments earlier this year of Martin Lambert as group head, corporate and capital markets, and Luke Hamill as Head of Capital Markets.
Martin Lambert said: "We're continuing to evolve our services for the UK corporate market, as demand grows from our clients for expert outsourced support to help them realise their own strategic ambitions in an increasingly complex environment.
"Crestbridge already has deep expertise in supporting clients with their capital raising and capital markets needs, and Anthony's appointment reflects our commitment to further expanding our capabilities. His knowledge and experience in the UK listed funds space will be a hugely valuable addition to our senior team."
Harneys
Harneys has elected William Peake as the new global managing partner of Harneys.
He takes over from Ross Munro, who returns to his previous role as CEO and Chair of Harneys Fiduciary.
He was elected unanimously and his appointment is effective from 1 January 2023.
He joined the firm in 2014 as a senior associate in the Litigation, Insolvency and Restructuring group and was promoted to Partner in 2017.
He has built a market leading litigation practice from the firm's London and Cayman Islands offices, most notably acting as the lead partner for the official liquidators of a Cayman SPV in relation to the US$9.2 billion Saad litigation - the longest running and most high value case ever to come before the Cayman Islands Grand Court. He has been a member of Harneys' Executive Committee for the past three years and is actively involved in the firm's Justice, Equality, Diversity and Inclusion initiative.
Ross Munro said: "I am very pleased to be handing over this role to William. The entire partnership has the utmost confidence in his ability to drive the firm forward. We have worked together for many years and I know he will lead with courage, ambition and energy. I am looking forward to re-engaging with Harneys Fiduciary to further develop that side of the business."
William Peake said: "I am delighted to have been elected as the firm's next Global Managing Partner and I would like to thank my fellow partners for their trust in me. Harneys is a dynamic and commercial firm, built on a supportive business, culture and technology framework.
"The firm's structure enables our people to deliver outstanding client service while satisfying their own ambitions. I am looking forward to working with the entire Harneys team to build on our successes and target further growth. My primary focus will to continue to drive the firm's reputation for innovation and delivery of excellent client service."
"On behalf of the partnership, I would like to thank Ross for his leadership and valued contribution. Harneys is a firm with strong foundations that is well-placed to capitalise on market opportunities globally and this is testament to Ross's leadership during turbulent geopolitical and economic times."
Polar Capital
Polar Capital, the specialist active asset management group, announces the promotion of Richard Oates to head of UK Sales and global consultant relations, reporting to Iain Evans, global head of distribution.
He was previously head of UK institutional at the firm and in his new role will lead the UK sales team and implement Polar Capital's overall distribution strategy in the UK. He has been at the firm for almost 17 years, most of which he has spent working in the sales and marketing team.
In addition, Ryan Cosson has joined the UK sales team as regional sales manager, reporting to Richard. He will be responsible for Polar Capital's wholesale clients in the South of England and Ireland. He joins from T Rowe Price in London, where he worked as a relationship manager for the past three years.
Iain Evans, global head of distribution at Polar Capital, said: "The UK has always been, and remains, a key market for the firm. These appointments reflect its importance and our commitment to providing our clients and prospective clients with exceptional service and support.
"Our ongoing goal is to configure and optimise our client services and marketing capabilities to increasingly tailor them to specific client segments and geographies. This is fast becoming a point of differentiation and a way for smaller asset management firms to compete with larger groups beyond simply price and investment performance."
Hermance Capital Partners
Hermance Capital Partners, a Geneva-based boutique specializing in international private markets (part of Rothschild & Co. Bank AG since 2021), has recruited Frank Krischan as investment director for its private real estate strategy. This strategy encompasses the management of private real estate assets through direct and indirect investments worldwide for institutional and private clients. Frank Krischan took on his role in September 2022.
With over 15 years of real estate expertise, Frank Krischan has worked in investment management, transactions, consulting and engineering. He has operated along the entire value chain of real estate investments, both domestic and international.
This new professional challenge will allow him to manage existing real estate funds of funds, but also to respond to tailor-made requests from institutional clients. He will also be involved in the creation of new real estate related strategies.
Frank Krischan joins Hermance Capital Partners from Credit Suisse Asset Management where he spent the last 8 years in the Global Real Estate department, where he held various positions as Head of Projects, Head of Swiss Mandates and Head of Transactions.
Prior to that, he was a senior consultant at KPMG Real Estate Advisory in Zurich. He was also a project manager in an engineering company in Bern after starting his career in an architectural firm in Geneva.
Jacques Chillemi, co-founder of Hermance Capital Partners, said: "The real estate market is constantly evolving. With rising interest rates, we are entering a new phase which may at first glance be unsettling to investors, but which also results in great investment opportunities.
"The addition of Frank Krischan to our team is a real boost: his experience in direct transactions in Switzerland and Europe, as well as his extensive real estate expertise, will allow us to evolve our real estate offering in a rapidly changing market."
Frank Krischan, investment director at Hermance Capital Partners, said: "Despite inflationary pressures and rising interest rates, real estate markets have historically generated the best returns post-crisis. I am pleased to join the Hermance Capital Partners team in this market dynamic. The development of new strategies in private real estate is even more important today. The current dislocations in this sector could generate strong returns in the coming years."
Hermance Capital Partners has a global offering, divided into three distinct strategies: private equity, private debt and private real estate.