Framework, a specialist global solutions vendor for Private Equity (PE) and Real Estate (RE) investments, has made a senior hire to its leadership team with the appointment of Renato Moreschi as Head of Market Solutions.
Framework says the appointment will strengthen the company’s focus on innovation and delivering the best service to Framework’s customers.
Moreschi has a 30-year track record of investment servicing experience working within leading financial institutions. In his last role, he was a Member of the Executive Committee of RBC Investment Services Bank and the Managing Director in charge of Client Operations and Client Management for Europe. Based in Luxembourg, Renato joined RBC in 2001 from BNP Paribas Luxembourg where he was Head of Fund Administration.
The appointment of Moreschi, who is based in Luxembourg, together with other key hires in recent months, underscores Framework’s ongoing commitment to meet the demand for improved investment data and service management in the PERE sector.
As the PERE sector is undergoing a period of growth and development, Framework’s client base is expanding and expecting more. The industry is experiencing higher investor allocations, higher investor expectations, leading Investment Managers and Asset Servicers are recognising that they need to scale their operations in response to the demands of alternative asset investors. Added to this, increasing regulation means that investors are demanding full visibility of their investment managers’ processes.
With 18 years’ expertise and experience in the sector, Framework’s solution is evolving to meet the investment data management needs of PERE Administrators and Custodians, their clients, and their investors. Framework makes PERE investment accounting, reporting and analytics accessible to all stakeholders.
Alan Naughton, Chief Executive Officer, says: “We are delighted to welcome Renato to the team. Renato brings with him the enterprise and industry knowledge needed to help us grow the business and develop our solutions for the global PERE industry.”
Paul Whapham, Chief Operating Officer, says: “We continue to invest in expertise and experience in the global PERE sector so that we align our product and service road map with the needs of our clients.”
Moreschi says: “I am very pleased to join Framework, whose commitment to delivering compelling solutions for PERE investment data management makes it an exciting firm to work with. My priority will be to help the firm achieve its ambitious growth strategy and in turn help our clients to scale their business.”