Cazenove Capital has bolstered its board with the addition of asset management veteran Rupert Tyer as a non-executive director.

Tyer recently retired from Cantillon Capital Management, the London- and New York-based equities boutique of which he was a founding partner. Before this he was managing director of Lazard Unit Trust Managers, charged with business development, distribution and marketing strategy for its UK- and Dublin-based operations.

“He brings with him huge experience of the asset management business, in particular the world of long-only and long/short funds for both retail and institutional investors…. Rupert will assist the board in assessing its strategy in a rapidly changing market,” Andrew Ross, chief executive of Cazenove Capital, said in a statement.