Elian, a provider of corporate services, fund services, private wealth and capital services, has launched a new office in New York.
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The new office will offer diverse services such as corporate structuring, structured finance as well as asset finance. It will also support the firm’s administration services to private equity, real estate and hedge fund managers.
Elian CEO Paul Willing commented: "The opening of our New York office is part of Elian’s strategic plan to become a truly global provider of outsourced administration services to corporate, fund and private wealth clients.
"New York is a key location for our international clients and their advisors and I am delighted that John has decided to join us."
The new branch will be spearheaded by John Wallace as managing director.
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By GlobalDataWallace will be tasked with developing a network of clients and intermediaries in the Americas, and offering them direct access to Elian’s global reach of offices and service lines.
In a financial career spanning over 25 years, Wallace has serve in various senior roles in New York, London and Tokyo at Deutsche Bank and Bankers Trust.
He recently was a founding member of Guardian Director Services, responsible for offering independent directors to boards of alternative funds, as well as provided independent consultancy advice to the alternative investment sector.
