LUXEMBOURG–(BUSINESS WIRE) – In a step intended to signal the next stage in its strategic ambition to build a strong international fund management business, ZEDRA has appointed Wim Ritz to the newly created role of Global Head of Funds. Wim will work from the ZEDRA offices in Luxembourg.
The creation of the new global role underscores ZEDRA’s commitment to driving business growth by developing and investing in its fund management services. The group has set up teams in Jersey and Guernsey, where there is a strong focus on ESG products, and also has a strong presence in Cayman and Singapore.
Initially trained as a lawyer, Wim has over 25 years of experience and a strong track record in leadership and business growth. He has worked across all areas of the private fund industry, specializing in real estate and private equity, and is a leading expert in the market.
Commenting on his appointment, Wim said, “ZEDRA takes a fresh, entrepreneurial approach to fund management that is exactly what the industry needs. My goal is to build on ZEDRA’s reputation for personal service and innovative approach. There is already a pedigree and reputation for excellence within the group, supported, for example, by award-winning teams in our Cayman office, where we have a solid reputation with international private, institutional and government clients to build on. ”
Wim began his career as an attorney with private equity and real estate clients before heading TMF’s real estate and private equity teams in Luxembourg. Most recently, he was Country Managing Director at Vistra and led the rapid growth of the fund management business.
Ivo Hemelraad, CEO of ZEDRA, welcomes Wim and says: “Wim brings proven skills and experience to this new role. We aim to be recognized worldwide as the leading provider of fund formation and management, and he will play a key role in making that vision a reality. Wim is ideally positioned to consolidate and expand ZEDRA’s position as a leading fund administrator, as our fund clients have grown significantly in less than five years. Wim’s industry expertise, his knowledge of real estate and private equity make him ideally positioned to build on the strong foundation of the fund team. ”
In London, ZEDRA recently announced major acquisitions in its corporate services business in Poland, now focusing on key Eastern European markets, and the successful completion of a transaction to acquire BNP Paribas Singapore Trust.
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