La Française, ICG, Hymans Robertson, Milliman, L&G
Milliman UK – Nick Spencer has been named senior consultant at the global actuarial and risk service provider. He brings his vast sustainability experience to the practice, including his past chairmanship of the Institute and Faculty of Actuaries’ (IFoA) sustainability board.
“We are seeing the growth of interest in sustainability across all our practice areas, including the growth of regulatory requirements. But beyond the regulatory demand, there is an interest in understanding the true risk and opportunities that a sustainable transition creates, as well as many firms’ desires to be a positive force in that transition,” the firm said.
Spencer is a “thought leader on integrating climate risks into actuarial work”, Milliman added. He has also been an early proponent of integrating biodiversity risks. He received a President’s Award for his role in developing the IFoA’s Biodiversity Policy, which launched in July.
Furthermore, the risk tools and techniques to integrate sustainability risks and uncertainties dovetail closely with Milliman’s cutting edge CRisALIS methodology and platform for understanding complex risk.Spencer will be working with Milliman across the financial sector, including banks and broader financial institutions.
He will continue working at Gordian Advice as a responsible investment advisor to pension funds and pension fund investment committees.
ICG – The global alternative asset manager has named Patricia Wilkinson and Salim Jaffer as managing directors within its client relations team, based in London.
Wilkinson will lead client relations for ICG’s real assets strategies, whilst Jaffer will lead the coverage of ICG’s European and Asian corporate strategies.
Prior to joining ICG, Wilkinson was a partner at Sera Global, where she co-led the project management function across real assets for the firm’s private capital advisory business. Before that, she worked at Threadmark as a partner responsible for project management and origination, and Arle Capital Partners, as an investor relations director. She brings more than two decades of private markets experience, with a core specialism in real assets.
Jaffer joins ICG following a 17-year tenure at PIMCO, where he held a number of positions, latterly that of senior vice president and product strategist focused on alternative investment strategies. In this role, he was responsible for the development, oversight and distribution of relevant strategies across EMEA, with a focus on alternative credit and private market strategies. Prior to this, he was a senior member of the client management group focused on the coverage of institutional clients.
Hymans Robertson – The consultancy has promoted Alison Leslie to head of DC investment With more than 25 years of experience in the pensions industry, she joined Hymans in 2021 having worked with Aon for over 12 years in both defined benefit (DB) and defined contribution (DC) consulting. She brings a wealth of experience from in-house providers to third party consulting across a broad spectrum of disciplines.
Leslie currently leads the master trust market for Hymans, developing thought leadership in this space from an investment and governance perspective, working with various industry bodies. Passionate about responsible investment, she works as part of the Hymans responsible investment team and chairs the Raise the Bar Workstream of the Investment Consultants Sustainability Working Group.
Legal & General Group (LGC) – The group’s alternative asset platform has hired Alex Wharton as managing director, distribution and partnerships. He will support the delivery of LGC’s strategic growth by enabling like-minded, purpose-driven capital partners searching for private markets solutions to invest alongside LGC in alternative asset classes and partnerships that drive superior financial returns with positive social and environmental outcomes.
Wharton brings a wealth of knowledge and over 20 years of sector experience, most recently as head of insurance relationships at Aviva Investors, where he successfully built out the firm’s third party insurance channel, capital raising from large scale, tier one insurers, across traditional and alternative asset classes.
La Française – The firm has appointed Andrea Bertocchini as head of Benelux and Nordics. he joins the international development department, reporting to Gerardo Duplat, head of international business development.
Bertocchini has 20 years of international experience in asset management and brings to investors a solid knowledge of real and listed assets, as well as an acute understanding of cross-cultural relations. He began his career with Carmignac in Luxembourg in 2003, before joining Chahine Capital in 2006 as institutional sales manager. In 2010, he joined BNP Paribas Real Estate Investment Management as business development manager for Benelux, Switzerland and UK, acquiring a real estate expertise, a necessary asset for supporting institutional investors’ allocation strategies.
Beertocchini then embarked on a nine-year career with La Francaise, during which he developed the group’s business first in Benelux, then in the Nordics and finally in Italy. Before rejoining La Française in 2023, he spent two years with TOBAM as managing director, head of sales EAFE.