The latest moves in wealth management from across Europe and the Middle East.
Independent family office Stonehage Fleming is expanding its private capital team in London, adding Meiping Yap as director and James Jefferson as senior associate. Both are new positions and were taken up in September and October 2018 respectively.
Yap joined from the Government of Singapore Investment Corporation and HarbourVest Partners in London. Jefferson joined from MVision Private Equity Advisers in London and Hong Kong. Prior to that, he was at BlackRock in London.
The major family office, which has sealed a number of growth alliances in recent months, said that private equity is a core part of the firm’s multi-disciplinary offering, with the group investing $100 million in private capital over the past year, and $1 billion since 2001. The expanded the private capital team will focus primarily on small to mid-market private equity investments globally, with a secondary focus on technology and opportunistic investment.
“Private capital is a key part of the Stonehage Fleming investment proposition and I am extremely pleased to welcome Meiping and James to the team. The group has a strong track record in helping wealthy entrepreneurs and families with private capital investment and we are well placed to meet their demands,” said Graham Wainer, CEO and head of investments at Stonehage Fleming.
The privately held and independently managed MFO advises on over £45 billion ($55 billion) of assets, with more than $13 billion under management for families and charities.
Shearman & Sterling
US law firm Shearman & Sterling has appointed private client specialist Anna Salek who joins its New York office.
Salek will advise high net worth individuals, family offices and foundations, both in the US and abroad. Her practice is focused primarily on representing high net worth individuals and their family offices and foundations, trusts and estates and tax planning matters.
Prior to this, she worked as a partner in the trusts and estates practice of Kirkland & Ellis in New York and was previously at Skadden, Arps, Slate, Meagher & Flom LLP.
The Swiss firm has appointed Daniela Diethelm to take over running the wealth management market for Germany and Northern Europe from June this year. She succeeds Roland Rötheli, who had been in the post for a decade. He will continue to advise German clients and is vice chairman of Germany at the Zurich-listed firm.
Prior to this, Diethelm, managed the business development wealth management EMEA area at UBS.