JP Morgan names global M&A co-heads

PE Manager tracks third party service providers: Asset Risk Consultants launch a practice to help fund managers struggling with the AIFM directive; JP Morgan has promoted in-house talent to take over its M&A division; and more.

 Chris Ventresca and Hernan Cristerna have been named as co-heads of global M&A for JP Morgan. Ventresca previously led North American M&A, while Cristerna was in charge of MENA M&A for the bank. JP Morgan M&A advises on transactions as well as providing access to private equity financings.

• Risk consultancy firm, Asset Risk Consultants, has appointed Paul Meader to launch the firm’s new fund practice. The fund practice will help firm's with any risk management issues, especially concerning new regulations such as the Alternative Investment Fund Managers directive, according to a statement from the firm. Meader joins Asset Risk from investment manager Corazon. 

• Electronic recordkeeping provider Smarsh is teaming up with stock exchange NASDAQ.  The pair will offer Smarsh’s archiving and compliance services to corporations, broker-dealers, exchanges and regulators alongside NASDAQ’s SMARTS market surveillance.

• Compliance and business services firm the IMS Group will now be known as Cordium. Last year IMS merged with regulatory compliance firm HedgeOp Compliance and compliance technology provider EvenWheel Solutions.  Cordium will be the collective name for the group. <redundant, also="" isn't="" hedgeop="" a="" software="" provider="" too?="" why="" is="" one="" being="" described="" technology="" and="" not="" the="" other?="" any="" way="" you="" can="" simplify? 

• Jeremy Hester is the new head of sales for wealth and asset management firm Northern Trust’s global fund services business in the UK. He will be responsible for offering fund administration to investment managers domiciled in the UK. Hester moves from the firm's Melbourne office where he was responsible for the region's client relationships.