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Alternative Market Briefing

JTC hires two for Europe expansion

Tuesday, February 28, 2017

Bailey McCann, Opalesque New York:

JTC Fund Services has made a double senior appointment in both Luxembourg and London as it continues to strengthen its globally-focussed fund servicing business. JTC Group is an independent provider of fund, corporate and fiduciary services to institutional and private clients. The firm has approximately $70 billion in assets under administration.

Daniel Essoo has been appointed as a Senior Director based in JTC's London office. In addition, Foemy Mouftaou has joined JTC as a Director and Head of Business Development in Luxembourg.

Essoo joins from SGG Group where he was UK Managing Director. Prior to JTC, Mouftaou was a Managing Director and Conducting Officer at Apex Fund Services in Luxembourg, and prior to that held senior roles at PwC and a telecoms group. He has also founded his own consulting business in West Africa, is the Vice President of the Luxembourg Africa Investments Association and a qualified Chartered Accountant.

Nigel Le Quesne, Group CEO & Chairman at JTC said: "We continue to see real growth opportunities in our global funds business and Luxembourg and London are key centres at the core of our strategy. Last year we launched our JTC Global AIFM Solutions ManCo in Luxembourg and formed a partnership with INDOS Financial to offer an independent UK-based depositary service for alternative funds. We see good opportunities to build on these platforms further in the coming months and Foemy and Daniel......................

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