We are delighted to announce that we were named as the 'Fund Services One to Watch' in the 2021 Global Custodian Industry Leaders Awards, celebrated at Chelsea Piers in New York on the 18 November.
The awards highlight and honour the top performers and innovators in the fund and fund service provider sectors.
Garrett Breen, Global Head of Funds, commented, "We're really happy to be recognised as Global Custodian's One to Watch in their Industry Leaders Awards."
"This is welcome recognition that we are taking our fund service offering to the next level with our clients' requirements at the core of our solutions design and certain delivery."
Mike Hughes, Global Head of Service Lines added, "It's great to be recognised as the fast-growing, forward-thinking business that we are. I am delighted we have received this recognition as we take a proactive stance and continue to build our funds business and become a world leader in the space."
Global Custodian's Editors provided a comprehensive overview of why Ocorian was chosen:
Ocorian has established itself as one of the fastest up-and-coming fund administrators, where it provides bespoke technology-led services to private equity, venture capital, real estate, and infrastructure-focused fund managers.
The organisation has grabbed the headline of late by adding two of JP Morgan's fund services executives in recent months. Garrett Breen joined the firm in September as head of global funds, based in Dublin, to lead the transformation of its alternatives funds business.
Breen joined from JP Morgan where he previously led the hedge fund services business for over five years.
He linked up with Mike Hughes, JP Morgan's former head of global custody, who joined the firm in June to a newly created role as global head of services lines, overseeing product development and sales, a major catch for Ocorian.
In addition, the firm promoted Charlotte Cruickshank as global head of fund onboarding and solutions in August, while in June it recruited Hugo Smyth from Deutsche Bank as head of capital markets business development for the UK and Europe. Ocorian also hired Megan Faust Kauffmann, the former head of alternative investment services for Luxembourg at BNY Mellon, in April to its fund services team.
With an all-star cast, Ocorian has been talk of the town over the past year and has already been the recipient of industry awards in recent years across the asset classes it services.
From fund setup and accounting to AIFM ManCo and depositary services, we provide efficient end-to-end fund solutions across a range of asset classes. To discuss how we can support your fund ambitions, contact our team below.