TMF Group, a leading global professional services firm, has appointed Derek Chen as a new senior executive to accelerate the growth of the firm's funds business in China.
Mr Chen joins TMF Group as Commercial Director for Fund Services and will focus on fund administration and investment structuring, with the goal of developing and maintaining a network of prospects and business development opportunities. He will work with the wider global funds team to find innovative solutions to clients' needs.
Previously, Mr Chen held the position of Vice President at Apex Fund Service, following many years spent at leading investment firms.
Mr Chen will report to Andrew O'Shea, Global Head of Fund Services, who said: "Derek's extensive experience working within private and sovereign wealth funds gives him unique insight to our clients' needs: Derek will be instrumental in delivering solutions to managers investing regionally and globally. Our Fund Services department in China continues to grow rapidly and Derek will support our clients both domestically and internationally."
Derek Chen said: "TMF Group's growth in the funds industry is terrific and I cannot wait to proactively contribute to it, by sharing my experience with the team."
TMF Fund Services delivers a holistic suite of fund administration and related services across Private Equity, Real Assets (including Real Estate), Infrastructure, Debt and Venture Capital.