FTI Consulting Appoints Rudolf Weder to Lead Fund Administration Services in the Cayman Islands
Cayman Islands, June 1, 2022 — FTI Consulting, Inc. (NYSE: FCN) today announced the addition of Rudolf Weder as a Managing Director and Leader of the Fund Administration Services practice in the Cayman Islands. Sean Lilley also joins as a Director within the practice.
FTI Consulting’s Fund Administration Services practice provides fund administration and other corporate services to private fund operators and other investment structures. The team utilizes market-leading software to streamline administration functions and to ensure clear and accurate record-keeping and investor communications.
“We are delighted to expand our services to investment funds in the Cayman Islands by welcoming Rudolf to lead the Fund Administration Services team. We can provide private fund managers with a fully integrated outsourcing solution, customized to their business needs and supported by leading technology. Rudolf and Sean bring a unique blend of alternative investment experience and knowledge to support the back-office requirement of investment funds,” said Andrew Morrison, a Senior Managing Director at FTI Consulting in the Cayman Islands.
Carlyn Taylor, Leader of the Business Transformation practice FTI Consulting and Leader of the firm’s Industry Initiative, added, “FTI Consulting is well-positioned to offer private fund administration services to clients given our complementary subject-matter expertise and industry specializations. We take a customized approach to fund administration, rooted in a strong base of controls and processes. Coupled with a client-centric team focused on quality and service efficiency, this will be consistent with the profile of client and service levels underlying the successful organic growth of our business in the Cayman Islands.”
Mr. Weder brings over 10 years of experience in the establishment, administration and accounting of investment funds in the Cayman Islands. Prior to joining FTI Consulting, he was the Senior Fund Accountant for investor services group IQ-EQ, where he was responsible for accounting and administration services. Mr. Weder previously was a Mutual Fund Account Manager for CIBC Bank and Trust Company, where he serviced specialized hedge funds. His portfolio of clients included master/feeder structures and segregated portfolio companies. He managed teams of accountants responsible for the preparation of net asset value calculations, investor reporting, management of statutory audits and compilation of financial statements under IFRS and U.S. GAAP.
Mr. Lilley brings over eight years of accounting experience with the Big Four and fund administration. Prior to joining FTI Consulting, he was an Accountant for Ocorian, where he provided directorship, regulatory and voluntary liquidation services. Prior to this, Mr. Lilley held positions at CIBC Bank and Trust Company and PwC in the Cayman Islands, where he specialized in hedge funds and private equity funds.
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Source: FTI Consulting, Inc.