People Moves
Who's Moving Where In Wealth Management? - Payne Hicks Beach, Rothschild & Co, IQ-EQ, Others
The latest senior moves in wealth and asset management across Europe and the UK.
Payne Hicks Beach
London law firm, Payne Hicks
Beach has appointed Nick Manners as a partner in its family
department.
Manners, who joined on qualification in 2010 having completed his
training contract with the firm, rapidly progressed to partner
level. Manners advises on all areas of family law, both
contentious and non-contentious, particularly in relation to high
value cases and those with a complex international aspect.
Rothschild & Co
Rothschild
& Co has appointed Andrei Brougham and Alvaro Rosado to join
its global advisory business in London as managing director and
director respectively.
Brougham and Rosado will form part of a specialist team within
equity advisory focusing on sponsor-led secondaries transactions.
They will work closely with Rothschild & Co’s global sector and
private equity coverage teams to offer a wider range of private
capital solutions to clients.
(The term “secondaries” in the private equity space refers to
buying and selling pre-existing investor commitments to private
equity and other alternative investment funds.)
Brougham and Rosado, who were previously part of the secondaries
team at PTJ Parkhill, bring significant experience to the
origination and execution of a range of private equity-related
transactions, advising sponsors on liquidity solutions and on a
range of portfolio level transactions.
“The market for secondary transactions led by private equity
houses has evolved rapidly in the last year and significant
further growth is expected as private equity sponsors look for
new solutions to hold on to assets for longer. The establishment
of a dedicated secondaries team will further broaden Rothschild &
Co’s capabilities for our private equity clients as the market
for private capital continues to evolve. We look forward to
combining the skills of the new team with our deep sector
knowledge for the benefit of our private equity and broader
client base,” Robert Leitão, managing partner of Rothschild & Co,
said.
The men are expected to join Rothschild & Co in the second
quarter of 2021.
IQ-EQ
Investor services group IQ-EQ, which recently expanded
US operations with an acquisition, late last week announced that
it had appointed Chris Marsden as its new group general counsel
and member of the executive leadership team.
Marsden, who qualified as a solicitor in 2005, holds a degree in
modern history and a postgraduate diploma in legal practice from
the University of Oxford. He started his professional life
practising at Hogan Lovells before joining Clifford Chance, where
he worked with financial institutions and private equity firms on
M&A and corporate transactions in the financial services
sector. Prior to joining IQ-EQ, Marsden was general counsel, EMEA
for Link Group, where he was responsible for the management of
the cross-border legal team, secretariat and insurance
arrangements.
At the start of January IQ-EQ said it bought US investment
management services provider Constellation Advisers. The deal
marked a second US deal in 12 months for the group after it
bought Blue River Partners last year. It has 23 offices around
the world. In 2019 it changed its named, having been previously
called SGG Group. The original firm dates back to 1896 in the
Netherlands.
Brown Shipley
Brown Shipley,
part of the Quintet family of European private banks, has
appointed Rehana Hasan as head of legal. Based in London, Hasan
will report to Rachel Macfarlane, group head of legal, and to
Alan Mathewson, Brown Shipley CEO.
Hasan will be responsible for managing the Brown Shipley legal
team; she will also be a permanent attendee at the UK executive
committee and board meetings.
Prior to this, Hasan was at Tilney, where she spent eight years
as group general counsel and company secretary. She played a
significant role in the company, including recently advising on
its merger with Smith & Williamson. Previously, she was group
general counsel at Towry, prior to its merger with Tilney. Before
this, she served in legal roles at WorldSpreads and at Duke
Street Private Equity.