Gen II appoints Luxembourg head of depositary services

London-based private capital fund administrator Gen II Fund Services has appointed Massimo Bernacchia as Head of Depositary Services in Luxembourg.

Bernacchia will be responsible for the leadership and development of business’s Depositary Services in Europe, and for ensuring the provision of first-class client services underpinned by market leading technology.

With over 22 years’ experience in the financial services industry, and expertise in alternative investment funds and depositary services, he, according to a press statement, previously worked for an un-named wealth manager.

Michael Johnson, Chief Commercial Officer for Europe, said:  “Gen II’s full-service proposition in Luxembourg, in conjunction with our wider transatlantic service capabilities mean we’re uniquely positioned to support both US based managers looking to expand their European investor base as well as European managers wanting to tap into the North American markets.”