Corvus Group, the start-up fund administrator, has appointed Federated Hermes’ Karen Sands as a non-executive director.
Sands (pictured) is the chief working officer of Federated Hermes’ personal fairness enterprise.
Corvus Group stated she brings a wealth of fund operations and accounting expertise to the agency, advising the board on issues of company technique, governance and the optimisation of techniques and processes to maximise shopper supply by way of the supply of a high quality service.
Learn extra: Federated Hermes appoints actual property debt lead
“Karen’s appointment is a major step ahead for the group,” stated Corvus co-founder James McCarthy.
“With a wealth of expertise in fund operations and accounting, Karen will present the board with a useful perception into the challenges confronted by fund COOs and CFOs and the expectations of fund LPs, which in flip will assist us to optimise our companies and techniques to raised handle our shoppers’ wants”.
Learn extra: Federated Hermes expands actual property staff with new rent
Corvus Group launched in 2019 to offer administrative and advisory help companies to the personal fairness, enterprise capital and asset administration industries.
“I’ve identified [founders] James and Andrew [Brizell] personally for numerous years and labored intently with Corvus Advisory between early 2020 and mid-2021,” stated Sands.
“I do know that James and Andrew have been seeking to launch a fund administration enterprise for a while, so it’s nice to see them convey Corvus Administration to the market. I’m excited to be working with them once more and sit up for serving to them and Dave realise their imaginative and prescient for a very trendy, advisory-led and expertise enabled administrative answer”.
Learn extra: Federated Hermes hires personal markets director for the Nordics
