The business is part of Liechtenstein-based VP Bank.
VP Fund Solutions, part of VP Bank, is expanding its leadership team in Liechtenstein and Luxembourg.
Dr Martin Jonasch, who has been with VP Fund Solutions since 2012, and head of advisory and structuring since 2016, will also strengthen the executive board of VP Fund Solutions (Liechtenstein) as chief operating officer as of 1 July. The economist is experienced in the fund industry and will increasingly focus on the operational tasks of VP Fund Solutions at both locations.
As part of the change, Reto Grässli, who since since 2012 has been a member of the executive board of VP Fund Solutions (Liechtenstein) and head of fund operations and risk management, becomes chief technology officer. He will in future concentrate on the central topics of automation and digitisation of both fund companies.
Torsten Ries, head of private equity and real estate (PERE), will become a new member of the executive board of VP Fund Solutions (Luxembourg). He has been with VP Fund Solutions since 2013 and will continue to act as head of PERE.
VP Fund Solutions is led by Eduard von Kymmel. The business is the international private label fund competence centre of VP Bank Group.