Industry Updates

Maitland brings on Ferrara as senior client service manager

Friday, March 16, 2018

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Opalesque Industry Update - Maitland, the global advisory and fund administration firm, has announced the appointment of its newest Senior Client Service Manager, Frank Ferrara, as part of the continued expansion of its private equity fund administration services. Frank will work alongside David Dwyer, Business Development Manager - Private Equity and Ben Pershick, Head of North America Private Equity to manage a growing new business pipeline, client onboardings, and existing relationships.

Frank brings a wealth of experience in the private equity operational space. Based in New York, he will be instrumental, overseeing the service platform, data migration and relationship management for clients.

Frank Ferrara says: "Maitland's institutional strength, combined with a unique customer-centric approach, means that we are well placed to grow our client base as private equity managers continue to outsource to third-party fund administrators. This was a key driver for joining and I look forward to combing this strength with my years of experience to help build upon their success."

With a growing need to move away from manual processes, private equity managers are looking to solutions, such as Maitland's automated system, to streamline financial data and gain a better-quality output, with strong control and accuracy. Ben Pershick adds, "As we continue to develop products that deliver more advanced analytics and powerful investor reporting tools, the need for strong client relationship management is critical."

Scott Price, Head of Business Development & Client Relationship Management for North America adds: "Frank's appointment is a direct response to Maitland's accelerated growth to meet institutional clients' need for on-the-ground knowledge with global solutions. His experience from the client-side of private equity will greatly enrich our product offering."

Frank previously worked for two New York-based private equity firms, most recently Rhone Group. With over $10 billion in AUM across various asset classes he was responsible for fund and investor reporting.

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