Milestone Group, a fund processing solutions provider, has appointed Robert Caporale as managing director and head of North America business.

The company stated that Caporale’s appointment affirms Milestone’s potential to achieve operational effectiveness in funds industry, leveraging its pControl funds processing platform.

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Milestone Group CEO Geoff Hodge said "This appointment reflects our commitment to the North American market and follows other senior hires in product management and business development. Our aim is to deliver solutions to funds companies that address local market conditions, client needs and priorities while leveraging our global capability and expertise."

Caporale has earlier worked with JPMorgan holding senior leadership positions in strategy, business management and sales within the Investor Services business line for 12 years in his 30-year career.

He was also associated with IBM, Deutsche Bank and Fiserv.

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