Milestone Group, a provider of fund processing solutions to the funds industry, has appointed Robert Caporale as managing director and head of North America.
Caporale (pictured) brings 30 years of experience in financial services and technology.
He spent the last 12 years at JPMorgan where he held senior leadership positions in strategy, business management and sales within the Investor Services business line.
Caporale has worked extensively with asset managers, alternative investment managers, insurance companies and pensions. Prior to JPMorgan, Caporale held senior positions at IBM, Deutsche Bank and Fiserv.
Geoff Hodge, CEO of Milestone Group, says: “We’re excited to have somebody of Robert’s calibre and experience joining our global executive team, spearheading our business in the US and Canada. This appointment reflects our commitment to the North American market and follows other senior hires in product management and business development. Our aim is to deliver solutions to funds companies that address local market conditions, client needs and priorities while leveraging our global capability and expertise.”
Caporale says: “I am delighted to have the opportunity to join a dynamic and growing global organisation with so much potential to transform funds’ businesses. This industry has had to focus on reducing the costs of their operating models. I’ll be looking to build upon Milestone Group’s success delivering greater innovation and helping funds businesses achieve new levels of operating efficiency, effectiveness and capability.”