Alter Domus, the leading global provider of technology-enabled fund services to the private equity, real assets, and private debt sectors, named Mark Wiseman as its President. Mr. Wiseman is the former Head of Active Equities and President of the Alternative Products business at BlackRock, as well as the President and CEO of the Canada Pension Plan Investment Board (CPPIB).
After a successful term, René Beltjens is stepping down as President but retaining his seat on the Board of Directors.
As a specialist in alternative solutions, with $3 trillion in assets under administration, Alter Domus provides comprehensive expertise to enable asset managers to focus on investing and creating exceptional returns for investors.
Alter Domus is establishing itself as a leader in alternative products and market share growth through significant investments in fund administration services and debt capital market solutions. As a technology solutions provider, Alter Domus addresses the complex data and operational challenges faced by CFOs and COOs of private markets companies.
Mark Wiseman, Chairman of Alter Domus, said: “I am delighted to be working with Alter Domus’ highly skilled global team to seize the opportunities that innovation and next-generation investing offer to alternative investment clients and their investors worldwide. Alter Domus is proud to be a trusted partner to its prestigious client base and to deliver excellent service supported by cutting-edge technological capabilities.”
Also Read: Bespin & Altitude Partner to Speed U.S. Open Banking
Rory Neeson, Partner and Head of Cinven’s Commercial Services Sector Team, said: “We are delighted to welcome a leader of Mark’s caliber to the firm. As Chairman, he will work with the Alter Domus management team and shareholders to help realize the vast growth potential in the next chapter of the firm’s history.”
Doug Hart, CEO of Alter Domus, said: “With an enviable track record in institutional investment management and experience in alternative assets, we are delighted to welcome Mark as President. Mark shares our strategic vision and commitment to best-in-class client service and operational expertise.”
Alongside Mr. Wiseman as Chairman, the Alter Domus Board will continue to draw on the expertise of majority investor Cinven and other shareholders, including Permira and the company’s founders.
Philip Muelder, Partner and Co-Head of Services at Permira, and René Beltjens , former Chairman of Alter Domus, added: “Over the past decade, the tireless efforts of the Supervisory Board and the tremendous work of Alter Domus’ management and teams worldwide have put the company in the strong position it enjoys today. We look forward to working with Mark Wiseman to help the company continue its growth trajectory in the years ahead.”
Source: Businesswire