Kane Solutions, specialists in the development and management of administration solutions in the international Life, Pension & Investment sector, has today announced the appointment of Alain Fournier as Head of Kane LPI Fund Administration Services, with immediate effect.
Based in the firm’s Bermuda head office, Mr. Fournier will be responsible for all aspects of the management of the life, pension and investment division, which provides an extensive range of customized fund administration services. He will work closely with Kane Solutions CEO John Uprichard and the rest of the Kane Solutions senior leadership team.
Mr. Fournier brings over 15 years of professional accounting experience in the financial services sector to the role. During this time, he has amassed extensive expertise across the fund management, investment, reinsurance and securities arenas in all aspects of finance, compliance and risk management.
Commenting on his appointment, Mr. Uprichard said: “We are delighted to welcome such a highly respected and experienced practitioner in the fund management arena to our team. Kane Solutions offers a range of administrative services for all forms of fund structures, including hedge funds, fund-of-funds and Insurance-Linked Securities funds, and under Alain’s direction we will further strengthen our position in a very competitive marketplace.”
Mr. Fournier added: “Bermuda offers an extremely efficient and cost-effective location in which to establish a variety of fund structures. By offering the full spectrum of administration capabilities, Kane Solutions is ideally positioned to support managers across the investment spectrum, from the initial start-up of the investment vehicle through to providing the flexible and robust infrastructure to facilitate their growth ambitions.”
Most recently, Mr. Fournier was Managing Director and Chief Operations Officer at HH Management. He joined the firm in 2010 as a start-up and played a central role in establishing the Bermuda-based investment management company. Prior to this, he was Group Manager at Citi Hedge Fund Services Ltd, responsible for the management of the Shareholder Services and Transfer Agency team. He has also worked at Olympia Capital International, Charles Taylor Captive Management Company and KPMG.
Mr. Fournier is a member of the Institute of Chartered Accountants of Canada. He is also a CFA Charter Holder.