The Prytania Group has appointed Jim Irvine, formerly head of fixed income at Henderson Global Investors, as chief executive officer with effect from 1 September 2014.
Irvine will be responsible for Prytania Investment Advisors’ asset management and investment advisory activities and Prytania Solutions’ valuations, modelling and analytical services.
Joe Cook, retiring chief executive who will remain on the board of Prytania as a director, says: "We are delighted to have Jim join us as chief executive. Jim’s wealth of experience and in-depth knowledge of structured finance and the wider credit markets will be of great service to Prytania and its clients. He comes to the firm at an important point in our development; with our assets under management having grown rapidly over the last two years and major developments at Prytania Solutions, Jim’s expertise and experience at the senior level will help the team take Prytania to the next level."
Irvine says: "Structured credit will continue to play a key part in the recovery in financial markets in the years ahead and will attract a variety of new investors. The provision of innovative solutions will be key to that growth and I'm therefore hugely excited to be joining Prytania at this stage in its development. The combination of our excellent investment track record and leading edge software will continue to foster the firm's growth and allow us to widen our Solutions offering. Joe and his senior team have given the business an excellent platform and I look forward to building on their successes."
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