Carne appoints two to AIFMD team
08 December 2014 Dublin
Image: Shutterstock
Carne has hired two new additions to its AIFMD team, who will support its management companies in Ireland, Luxembourg and the Channel Islands in reaction to greater demand for their services
Neil Clifford was previously head of alternatives at Irish Life Investment Managers. He oversaw an external hedge funds portfolio and supervised illiquid investments in private infrastructure, acting as an independent director. Before this, he worked as an equity fund manager and a qualified risk management professional.
Martin Anderson joins Carne from RBC Investor Services where he held various senior management roles, including responsibility for the sub-custody network and change programme. Anderson has more than 20 years in the funds industry, including ten at Northern Trust in Dublin.
CEO of Carne Group John Donohoe said: “As more asset managers from around the world choose Carne to help them with their AIFMD management company requirements, we are pleased to be joined by individuals of Martin and Neil’s calibre and experience in the funds industry. They will be helping to support the diverse governance, substance and distribution needs of alternative asset managers, including private equity, hedge fund, and infrastructure firms.”
Carne acquired a Jersey-authorised AIFMD management company in October, allowing it to support fund managers looking for AIFMD-compliant solutions outside of the European Union. This comes in addition to management teams in Ireland and Luxembourg, offering support to third-party companies.
John Skelly, principal with Carne’s Dublin office, said: “Alternative investment managers both within and outside the EU have varying needs when it comes to meeting the requirements of the AIFMD and serving their existing and future distribution networks. Martin and Neil are joining a team that is now widely recognised for its expertise in supporting successful EU-targeted fund launches and re-domiciliation projects.”
Neil Clifford was previously head of alternatives at Irish Life Investment Managers. He oversaw an external hedge funds portfolio and supervised illiquid investments in private infrastructure, acting as an independent director. Before this, he worked as an equity fund manager and a qualified risk management professional.
Martin Anderson joins Carne from RBC Investor Services where he held various senior management roles, including responsibility for the sub-custody network and change programme. Anderson has more than 20 years in the funds industry, including ten at Northern Trust in Dublin.
CEO of Carne Group John Donohoe said: “As more asset managers from around the world choose Carne to help them with their AIFMD management company requirements, we are pleased to be joined by individuals of Martin and Neil’s calibre and experience in the funds industry. They will be helping to support the diverse governance, substance and distribution needs of alternative asset managers, including private equity, hedge fund, and infrastructure firms.”
Carne acquired a Jersey-authorised AIFMD management company in October, allowing it to support fund managers looking for AIFMD-compliant solutions outside of the European Union. This comes in addition to management teams in Ireland and Luxembourg, offering support to third-party companies.
John Skelly, principal with Carne’s Dublin office, said: “Alternative investment managers both within and outside the EU have varying needs when it comes to meeting the requirements of the AIFMD and serving their existing and future distribution networks. Martin and Neil are joining a team that is now widely recognised for its expertise in supporting successful EU-targeted fund launches and re-domiciliation projects.”
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