Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has hired Jonathan Bohrer as chief financial officer, effective 30 June.
Bohrer will be based in New York and will report to Chris Grandi, chief executive officer of Abacus Group.
Bohrer brings over 18 years of experience in finance and operations across a diverse set of industries. As CFO, he will oversee the company’s financial and accounting activities along with other administrative and operational functions including human resources, real estate and legal.
Most recently he served as managing director of finance at ConvergEx Group, responsible for financial analysis, M&A, capital planning and new product development. While at ConvergEx, he led efforts on several corporate transactions including five acquisitions (LiquidPoint, Millennium, NorthPoint, Cogent and Realtick) and the sale of Eze Software Group in 2013.
"Jonathan’s extensive experience in finance, operations and accounting across industries makes him the ideal executive to drive Abacus’s performance forward," says Grandi. "We are excited to have him join us as his leadership and knowledge will help our company continue to advance.”
“I am very excited about the opportunity to join the exceptional team at Abacus, at a time when the firm has emerged as the industry leader in the rapidly growing and dynamic investment management IT solutions space,” says Bohrer.