River and Mercantile has appointed Cazenove’s former director of investment funds Robin Minter-Kemp as a non-executive director.
Minter-Kemp (pictured) has more than 25 years’ experience in the fund management industry, having been sales director at Henderson and HSBC Asset Management before joining Cazenove in 2001.
In his 12 years at Cazenove until the firm’s acquisition by Schroders last year, Minter-Kemp helped build the group’s external funds under management from around £300 million to £6.5 billion.
‘Robin’s significant experience and insight into the fund management industry will be invaluable to the group as we continue to develop our growth strategy across a differentiated range of markets,’ commented Mike Faulkner, chief executive of River and Mercantile.
Minter-Kemp added: ‘I am very pleased to be joining the board of River and Mercantile and have been deeply impressed by the group’s high growth, scaleable business model, the strength of the team’s client relationships and its culture of client-focused innovation. All these factors contribute to positioning River and Mercantile strongly within the increasingly integrated institutional and private investor markets.’
His recruitment follows the announcement in February of a merger between River and Mercantile and investment consultancy P-Solve, with the combined group also exploring the possibility of an IPO to finance its growth plans.