MUFG Investor Services has appointed Oliver Scully as head of Europe, the Middle East and Africa (EMEA) sales, and David Sarfas as global head of private equity.
Based in London, the duo will report to Mike McCabe, managing director and global head of business development, and John Sergides, deputy CEO, respectively.
Scully will be responsible for driving the growth of MUFG’s asset servicing solutions across private equity and real estate, as well as hedge funds and fund of funds, in the EMEA region.
These solutions include fund administration, middle-office outsourcing, custody, depository, trustee, fund of hedge fund financing, foreign exchange and wider banking services.
Scully joins MUFG from Citco Fund Services, a subsidiary of Citco Group, where he was a managing director responsible for sales and marketing, within EMEA.
During the 14 years that he spent at Citco, he fostered relationships with many of the largest alternative asset management businesses in Europe and helped establish the firm’s footprint in the alternative investment industry.
Sarfas will be responsible for driving the growth of our market share of the private equity and real asset business.
Sarfas was previously managing director and head of private equity and real estate Europe at Citco Group.
He has more than 25 years of experience working with private equity and real estate clients and has managed transactions, due diligence assignments and administration services for European private equity and real asset funds.
Scully said: “David Sarfas and I are honoured to join MUFG Investor Services and be part of an ambitious and growing team. MUFG has one of the industry’s best reputations for delivering a broad range of compelling solutions to some of the world’s premier alternative investment management firms.”
John Sergides, deputy CEO at MUFG, commented: “Oliver Scully and David Sarfas are dynamic additions to the team, bringing deep expertise in fund administration and transaction services, as well as in strategic development and finding solutions to suit clients’ needs.”
He added: “Their expertise will allow MUFG to strengthen its partnership with clients and help them meet changing regulatory requirements, increasing demands of investors, and needed operational efficiencies for the rapidly evolving alternative investment industry.”
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