MUFG Investor Services acquires two new executives of the Citco group


The global asset management arm of Mitsubishi UFJ Financial Group, MUFG Investor Services, today announced it has added two new executives to its team. Oliver Scully has been appointed Head of EMEA Sales and David Sarfas as Global Head of Private Equity.

Scully and Sarfas will both be based in the company’s London office. Sully will report to Mike McCabe, Managing Director, Global Head of Business Development, and Sarfas will report to John Sergides, Deputy Managing Director.

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The appointment of Scully and Sarfas further shows that MUFG is committed to growing its investor services business. In recent years, the company has invested heavily in these sectors. One of the most notable appointments came in October of last year when Ben griffiths has been appointed Managing Director, Global Head of Fund Financing.

Jean Serge

Commenting on the new hires, John Sergides said, “Oliver and David are dynamic additions to the team, bringing deep expertise in fund administration and transaction services, as well as strategic development and solution research. tailored to customer needs.

“Their expertise will enable MUFG to strengthen its partnership with its clients and help them meet changing regulatory requirements, increasing investor demands and operational efficiencies required for the rapidly evolving alternative investment industry. “

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Olivier scully

In his new role, Scully will be primarily responsible for increasing the growth of MUFG’s asset management solutions in the EMEA region through private equity, real estate, hedge funds and funds of funds. The solutions he will be responsible for include fund administration, middle office outsourcing, custody, custodian, trustee, fund of hedge fund financing, foreign exchange and broader banking services.

Previously, Scully worked at Citco Fund Services, a subsidiary of the Citco Group, for 14 years. Here he was Managing Director responsible for sales and marketing for Europe, Middle East and Africa.

Olivier scully
Source: LinkedIn

Scully said he and Sarfas were honored to join MUFG Investor Services: “MUFG has one of the best reputations in the industry for providing a wide range of compelling solutions to some of the world’s largest alternative investment management firms.

“We have followed with interest the growth of MUFG IS over the years and look forward to helping strengthen the firm’s service offering and client relationships.

David Sarfas

Sarfas, meanwhile, joins the team with over 25 years of experience in private equity and real estate. At MUFG Investor Services, he will be responsible for increasing the market share of the company’s Private Equity and Real Asset businesses.

David Sarfas
Source: LinkedIn

Sarfas is also an acquisition of the Citco group, where he was Managing Director, responsible for private equity and real estate in Europe. He joined the company in 2014. Prior to Citco, he served as an alternative asset manager both at Houlihan Lokey, an independent global investment bank, and at EY.


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