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MUFG Investor Services appoints Head of PERA in Luxembourg 

MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group (MUFG), has appointed Fabrice Mas as Head of Private Equity & Real Assets (PERA) Luxembourg as part of the firm’s strategy to continue to drive growth and expand operations into new markets. Mas will be based in MUFG’s Luxembourg office and will report to David Rochford, Global Head of Hedge Funds and PERA.

In his new role, Mas will establish the oversight model and manage the continued expansion of the firm’s PERA operations in Luxembourg. MUFG Investor Services’ offerings in Luxembourg include proprietary tools for private debt and PERA asset classes that complement the firm’s core technology systems to support General Partners and Limited Partners.
The appointment of Mas and the expansion in Luxembourg is the latest in a series of recent hires and acquisitions made by MUFG Investor Services, as the firm continues to identify opportunities to expand its global capabilities. MUFG Investor Services selected Luxembourg as a region for expansion due to recent growth of alternative investment funds in the country. Since 2018, the size of private equity funds in Luxembourg has increased by approximately 50 per cent, accounting for 4.3 per cent of the global total.
“Despite uncertainty in the global markets, we are continuing to invest in new regions and ways to improve our client offerings. We see the pronounced growth of alternative investment funds in Luxembourg as a clear opportunity to continue growing our global footprint,” says Michael McCabe, Global Head of Business Development, Product and Marketing at MUFG Investor Services. “We are thrilled to have someone with Fabrice’s depth of knowledge and experience join our team as we continue to invest in our PERA offering.”
Mas comes to MUFG Investor Services from a top tier investment manager, where he was head of fund administration and shareholder services in Luxembourg. Prior to this, Mr. Mas was an audit manager for a Big Four audit firm in Luxembourg.
“I am very excited to join MUFG Investor Services and contribute to the development of a leading global PERA fund administration service,” says Mas. “In addition to our clients in the region, I also look forward to working with our North American clients as they continue to launch new Luxembourg funds, helping them take advantage of MUFG’s global operating model and serving as a strong, transparent and reliable partner in these increasingly uncertain markets.”

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