Cordium, the compliance consultancy to the asset management industry and the new name for HedgeOp Compliance and The IMS Group, has made two appointments. Peter Guarino, Vice President, will join Cordium’s Boston office, and Vivek Pingili, Vice President, will join Cordium’s New York office, both reporting to Managing Director and Partner, Patrick Shea. Guarino has nearly 30 years’ experience as Chief Compliance Officer (CCO) and in-house counsel and will head Cordium’s mutual fund division. Most recently, he served as the CCO for Timberline Asset Management LLC, part of a San Francisco based advisory firm. Prior to that, he started up IM Compliance LLC, providing independent fund CCO and adviser CCO support services.
“The regulatory and compliance landscape for asset management firms with mutual fund products is evolving rapidly, and there is an increasing demand for expert support to manage compliance in an efficient and positive way,” said Guarino. “It is a great opportunity to be able to blend my investment company knowledge into a firm of Cordium’s caliber and global reach. I look forward to contributing to the company’s development over the coming years.”
Vivek Pingili joins Cordium from Proskauer Rose LLP, where he had been supporting private investment fund managers, including private equity, private real estate and venture capital fund managers, on a range of regulatory compliance activities. He has specialised in compliance across the spectrum of the alternative investments industry through his decade-long career in in-house and law firm positions.
Pingili commented: “Cordium has a reputation for excellent client delivery and a pragmatic, common sense approach coupled with extensive domestic and cross-border regulatory capabilities. At this time of increased regulation across the industry and the globe, all of these attributes are of paramount importance, and exactly what our clients are seeking.”
Bill Mulligan, CEO, Cordium US, added: “Peter and Vivek are joining Cordium at a very exciting time for the firm. The recent announcement of our new name, bringing together The IMS Group and HedgeOp Compliance, coupled with our new office in Asia, signal our intent to grow. Key to that will be to attract accomplished individuals like Peter and Vivek, so we can continue to broaden and deepen the services we offer clients.”