DMS Offshore Investment Services Ltd. (DMS), the world’s largest fund governance firm, has recruited David Morrissey, former Managing Director of SEI Investments Global Fund Services Ltd. to serve as Executive Director with its Dublin team.
He will lead all aspects of client service delivery across multiple product lines and will also serve as an independent director on Irish and Luxembourg funds.
DMS Chief Executive Officer Anne Storie remarked: “David comes to DMS with a remarkable track record of success in product development and client service in the alternative investment fund industry. His expertise and insights in areas such as AIFMD and UCITS are well known and we are excited that he has joined our team. David’s contribution will be key to our continued success as DMS builds on the successes of our AIFMD/UCITS solutions and other services to our global clientele.”
As Managing Director of the Business Development and Marketing Group at SEI Investments Global Investment Services, Mr. Morrissey led the European Team and was responsible for developing new product services, including the firm’s AIFMD solution. He successfully secured and contracted SEI’s largest mandate in the history of its Investment Manager Services Division with over 80 products and portfolios with a combined total assets under management in excess of 50 billion dollars.
Joining SEI in 1997, he first served in various operational roles, and later in Client Service and Business Development. At different points, he headed the Shareholder Services Division and the European client service group. He also had responsibility for developing the European alternative hedge fund outsourcing business for SEI’s Investment Manager Services Division.
An expert on AIFMD, he has been a frequent panelist and speaker at industry events and seminars covering the Directive and its impact on Investment Managers accessing the European market.