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People moves news

New compliance director for AltResources


11 May 2012 New York
Reporter: Georgina Lavers

Generic business image for news article
Image: Shutterstock
AltResources, a provider of fund administration services for private equity funds, has recruited Joseph Daly as its compliance director, bringing to the firm over 25 years of accounting, compliance and client-service experience in alternative investments.

"We are delighted to have Joe on our team," said AltResources managing director John Wiencek. "Joe has extensive experience and excellent financial and IT-systems skills that will be vital to helping our clients."

"Private equity firms face a demanding regulatory environment and growing risk-management requirements from investors," Daly said. "Independent administrators like AltResources are going to play an important role in helping private equity firms meet these challenges."
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