Ocorian has appointed Graham Dew and Yves Cheret to its fund administration and depositary market team.
Dew has been appointed as head of depositary services and will lead and shape Ocorian’s new depositary service offer.
Previously, Dew has held senior positions at Ermitage, Rothschilds, Fortis, J.P. Morgan and Vistra.
Cheret has been appointed as executive director of fund administration service in Luxembourg.
Cheret has worked in the alternative investments industry for more than 10 years and has knowledge of private equity, real estate and venture capital.
Both Dew and Cheret will report to Jean-Marie Bettinger, country head of Luxembourg and Netherlands.
Commenting on his new role, Dew said: “I’m excited to join Ocorian and to drive and build out its depositary service. Ocorian is committed to growing a robust and responsive fund service offer for the Luxembourg market, and a localised depositary service is central to that.”
Cheret commented: “I was very impressed by Ocorian’s fund service offer but especially its technology solution, which is very different to anything else available in the market. They’ve also got a great book of business which I think has enormous potential for expansion.”
Bettinger said: “This is an exciting time for our business. We are building an impressive portfolio of services and an experienced and professional team to deliver them in what is an attractive, but still a complex market.”
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