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Two big names team up for NAV venture; CFO outsourcer adds five

Two fund finance bigwigs look to enter NAV market; Bridge Alternatives expands outsource business with senior hires.

Fund finance: Another big people move in the fund finance sector, as two of the most well-known figures in the industry are set to team up to launch a venture some have called an update to 17Capital’s business model. A few weeks ago, we also reported that a top banker at Investec had headed to an insurance company to kickstart their NAV lending business.

Outsourcing: Provider of outsourced CFO and COO functions Bridge Alternative Investment Solutions has added five to its team, including a new CFO.

Email prepared by Graham Bippart