Ocorian, the specialist provider of alternative fund services and leader in entity administration, corporate and fiduciary services, has strengthened its Fund Services team as confidence across the market grows.
Ross Thomson has been appointed Business Development Director – Fund Services bringing further expertise in Management Company, AIFM and Fund Administration solutions. His breadth of experience includes exposure to Luxembourg and Irish Markets, Alternative Funds, Private Equity and Real Estate products.
Based in Luxembourg, he joins Ocorian as its research* shows alternative fund managers are increasingly optimistic about launches and fund raising. More than eight in ten (81%) say levels of fund raising will be higher over the next 18 months compared to the previous 18-month period and 91% predict there will be more alternative asset fund launches this year compared to 2022.
Ross has more than 20 years’ experience in the financial services industry working internationally for major global financial services providers. His experience includes managing operation functions in Luxembourg, Ireland and Canada in both the AIFM and Fund Administration sectors. He has also held Directorships in the Luxembourg and Irish UCITS and AIF funds’ space as well as conducting officer roles in Luxembourg.
Paul Spendiff, Head of Business Development, Fund Services at Ocorian, said: “Ross’s appointment further strengthens our support for fund managers as Ocorian Fund Services continues to invest in its offering in Luxembourg in response to growing demand across the market.”
Ross Thomson added: “It is an ideal time to be joining Ocorian as confidence across the sector increases and I look forward to supporting clients and experts across our business as the company delivers its growth strategy.”
About Ocorian Fund Services
Ocorian’s fund services team delivers operational excellence across fund administration, AIFM, depositary and accounting services to the world’s largest financial institutions along with dynamic start-up fund managers and boutique houses. Its team of over 300 funds specialists work across all major asset classes of alternative investment funds such as private equity, real estate, infrastructure, debt and venture capital, whilst its specialist Islamic Finance team is a leading provider of Sharia-compliant investment structures.
* Ocorian commissioned independent research company PureProfile to interview 100 alternative fund managers across real estate, private debt, private equity and infrastructure, residing across the UK, US, France, Germany, Netherlands, Sweden, Switzerland, Finland and Norway during April 2023.