Aztec Group, a leading independent fund and corporate services provider, has announced four senior appointments within its leadership team in Luxembourg.
As part of these senior appointments, Philippe Detournay has been appointed Director of the Group's Private Equity team, whilst Wagas Khan and Gianmaria Lombardo have been appointed Associate Directors. Fabrice Badouraly will also be joining the Group's leadership team.
Philippe Detournay is joining the Group from Luxembourg-based Axior, where he was an advisor and non-executive Director. Prior to this, he spent thirteen years as a Managing Director of Lone Star Funds, overseeing the operation of several European real estate and private equity fund structures across Europe.
Similarly, Waqas Khan joins the Group following tenures with KPMG and PwC Luxembourg, where he led teams responsible for the provision of audit services to a portfolio of private equity managers. For his part, Gianmaria Lombardo is joining the Group from GWM Group, where he was Chief Financial Officer for over four years.
As part of the Group’s private equity leadership team in Luxembourg, Philippe, Waqas and Gianmaria will oversee a number of client relationship teams. In addition, they will drive the continued development of the Group’s private equity service offering and operating platform in Europe.
Private debt specialist Fabrice Badouraly will also be joining the Group from PwC Luxembourg, where he spent 11 years working in audit, specialising in large multinationals, private equity and private debt. Fabrice will focus on growing the Group’s private debt offering in Europe and assume responsibility for a portfolio of private debt clients.
Ganash Lokanathen, Head of Private Equity for Luxembourg, commented: “It is with great pleasure that we welcome Philippe, Waqas, Gianmaria and Fabrice to the Group. These highly-experienced individuals will add enormous value to the business and our local leadership team, given their excellent knowledge of the alternatives market and the operating environment here in Luxembourg”.