S64 Bolsters Pioneering Team With Strategic Hires Amid Surging Demand for Private Markets Products
S64, the trusted alternatives partner to the world’s leading asset managers and private banks, has today announced a series of strategic hires following a period of rapid growth since its launch in 2020.
S64’s best-in-class team, who worked together for over a decade at Deutsche Bank, has further strengthened its expertise by making a number of appointments from blue-chip institutions to its London office. The business also has plans to advance its footprint across EMEA, Asia and Australia in major global financial hubs.
Strategic hires following rapid growth
Led by founder and CEO Tarun Nagpal, S64’s team has led the way in industry innovation for more than a decade, pioneering the development of alternative platform solutions. The latest additions include Venkata Kota, Head of Client Solutions, formerly of Goldman Sachs and Deutsche Bank; Richard Marland, Head of Operations and Fund Governance, formerly of Deutsche Bank; Tetyana Turek, Business and Project Management, formerly of Deutsche Bank; Mark Slater, Legal Counsel and Compliance, formerly of J.P. Morgan and Simmons & Simmons; and Eve Wachtel, Asia Pacific Distribution, formerly of Deutsche Bank.
The firm’s structuring and solutions team also boasts three new additions, comprising Matteo De Checchi, Dennis BewsandAdam Hooper, from Deutsche Bank, Credit Suisse and Barings respectively.
S64 expects to more than double its 40-strong headcount over the next 12 months across its structuring, distribution, platform and technology expertise.
Tarun Nagpal, CEO of S64, commented: “I’m delighted to welcome some of the industry’s leading talent to our firm. Not only do they bring with them deep technical experience, but a track record of market-defining innovation.
We are witnessing a revolution in how private markets are accessed. Our award-winning legacy, unique proposition and market-leading expertise mean we are well-positioned to build upon our impressive growth to date.
As we define a new era in alternative assets, we plan to deepen our expertise through further strategic hires and expand our presence into target markets over the coming year.”
Pipeline of mandates with platinum-level clients
S64 is already the trusted partner of global leaders across private equity, asset management and private wealth having won numerous competitive mandates, including the majority of the top 10 largest private markets managers globally, who have raised over $750 billion USD of funds in the past decade. The firm has built market share at speed with a robust pipeline of new opportunities.
The business is leading the way in industry innovation through the development of an array of novel solutions for clients, including the structuring, delivery and servicing of ELTIFs, UK LTAFs, and open-ended semi-liquid retail products, helping them rapidly scale their offerings.
Tarun Nagpal added: “We’re excited to be working with platinum-level asset managers and private banks, having won a pipeline of highly-coveted mandates which has turbocharged our ambitious growth trajectory.
With our world-class proprietary technology, which services the full lifecycle of alternatives products, our innovative approach is further opening up access to private markets and enabling them to flourish.”
Notes to Editors
- Global fund manager ranking and fundraising amount according to Preqin’s Fund Managers League Table as of 25.09.22.
- Preqin calculates top global fund managers based on aggregate capital raised via closed-end commingled funds.
- Fundraising amount is based on funds raised in the last 10 years.
S64 is a leading global alternatives solutions business bridging the opportunity in private markets. It works with the world’s first-class asset managers and private banks across private equity, credit, real estate, infrastructure and impact to develop innovative solutions for private banks and wealth managers.
S64’s innovative technology platform offers the full lifecycle management of alternative assets — from structuring and onboarding to financing, as well as secondary market capabilities.
Its team draws on an award-winning legacy in fund and product solutions, digital innovation and international distribution, having pioneered alternative investment platforms for over a decade.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
Ben Carr, MHP Mischief
email@example.com | +44 7753 415725
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Sion Power Announces Plans to Expand Battery Manufacturing Operations in Tucson, Arizona7.12.2022 19:41:00 CET | Press release
Sion Power Corporation, a leading technology developer of next-generation batteries for electric vehicles (EV), today announced plans to expand its existing manufacturing operations in Tucson, Arizona. The planned expansion site is the 111,400-square-foot building at 6950 South Country Club Road. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221207005770/en/ Sion Power's SP-1 expansion site. (Photo: Business Wire) The expansion is expected to be complete by 2026 and create over 150 jobs. New jobs will primarily be engineering, skilled technicians, and other manufacturing-related positions. The overall economic impact of the expansion is $341 million over the next five years. Sion Power’s headquarters will remain in its nearby location at 2900 East Elvira Road, doubling its footprint. Sion Power chose to expand because of its rich history, access and the availability of quality and skilled employees in the Tucson community.
ESF Seafood Transforms Shrimp Processing With Industry Leading Renewable Energy Conversion7.12.2022 18:00:00 CET | Press release
ESF Seafood announced the transitioning of its shrimp processing plant to renewable energy. The commissioning of the first stage of a solar energy micro-grid is the result of a three year development effort targeted towards reducing ESF Seafoods’ carbon emissions and energy costs. ESF will replace over 60% of its energy needs with electricity from solar during 2023 and have 100% carbon neutral processing by end of 2024. Gerardo Tome, President ESF Seafood noted, “Harvesting, processing and freezing shrimp in a tropical climate requires a very significant amount of energy. Southern Honduras is an ideal location for capturing solar energy due to the area’s high photovoltaic (PVOUT) rating and we are able to utilize our plant’s roof space for the solar panel installation which reduces the need for additional land usage. A recently approved law for commercial bi-directional meters enhances the profitability of additional energy generation by allowing us to supply surplus back into the nati
i2c powers QNB Group’s digital issuance for the Visa FIFA World Cup Qatar 2022™ prepaid card7.12.2022 17:15:00 CET | Press release
i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with QNB Group, the Official Middle East and Africa Supporter of the FIFA World Cup 2022™ to power the digital issuance of the Visa FIFA World Cup Qatar 2022™ Prepaid Card. By leveraging i2c’s agile banking and payments platform, QNB Group is issuing virtual Visa prepaid cards to end users' mobiles, securely enabling digital and NFC-based contactless digital payments as well as Apple Pay. “We are honored to support such an innovative and impactful use case in support of one of the world’s most beloved events,” said Amir Wain, founder and CEO of i2c. “By operating on our secure, highly-configurable platform, QNB Group is providing fans a great digital-first payments experience and an easy and simple way to pay.” “As the Official Middle East and Africa Supporter of the FIFA World Cup 2022™, we are extremely proud to bring this product to market and to be able to participate in the enha
Global Savings Group and Pepper.com Are Joining Forces7.12.2022 16:39:00 CET | Press release
Global Savings Group (GSG) and Pepper.com (Pepper) have signed a deal to join forces, combining the world’s largest shopping community with Europe’s leading shopping recommendation and rewards company. The transaction marks the biggest deal in the industry in 2022 and creates a European Champion with a global footprint. Together, GSG and Pepper will form a multinational tech company empowering shoppers in more than 20 markets to make more confident shopping decisions. GSG and Pepper will jointly operate the world’s largest shopping community, recommendation and rewards platform connecting brands and retailers with consumers across more than 2bn purchase journeys annually. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221130006042/en/ Fabian Spielberger (CEO and Founder Pepper.com) and Gerhard Trautmann (CEO and Co-founder Global Savings Group) are about to join forces. (Photo: Business Wire) “We are incredibly excited about
Boomi Names Steve Lucas as Chief Executive Officer7.12.2022 15:30:00 CET | Press release
Boomi™, the intelligent connectivity and automation leader, today announced it has appointed Steve Lucas as Chief Executive Officer. Lucas joins Boomi from iCIMS and brings more than 27 years of experience in enterprise software. He succeeds David Meredith, who has stepped down from the role to pursue other interests. Lucas has significant experience leading and operating some of the world’s most innovative software companies. Prior to spending three years growing iCIMS into a premier talent cloud company, Lucas held executive roles at Adobe, Marketo, SAP, and Salesforce. As CEO of Marketo, Lucas implemented significant product expansion and platform growth, leading to Adobe’s $4.75 billion acquisition of the company. “I’ve spent more than two decades building and growing software companies, and the need for integration across the enterprise has never been more clear or critical,” said Lucas. “Boomi is one of few independent, cloud-native platforms of scale that is enabling greater aut