River and Mercantile has appointed Cazenoveâ€™s former director of investment funds Robin Minter-Kemp as a non-executive director.
Minter-Kemp (pictured) has more than 25 yearsâ€™ 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 firmâ€™s acquisition by Schroders last year, Minter-Kemp helped build the groupâ€™s external funds under management from around Â£300 million to Â£6.5 billion.
â€˜Robinâ€™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,â€™ commented Mike Faulkner, chief executive of River and Mercantile.
Minter-Kemp added: â€˜I am very pleased to be joining the board of River and Mercantile and have been deeply impressed by the groupâ€™s high growth, scaleable business model, the strength of the teamâ€™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.â€™
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.