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Catalyst Reports

January 20, 2025 .

5-Minutes .

Catalyst Unveils Leadership and Governance Enhancements

Investment and Leadership Evolution to Drive Growth, Innovation, and Operational Excellence

The Catalyst Group (“Catalyst” or “the firm”), a global leader in innovative financial services and fund administration, is proud to announce a significant milestone. Following a transformative investment from Aquiline, a private investment specialist, Catalyst has undertaken major updates to its leadership and governance structures to support its next phase of growth and innovation.
Aquiline’s investment positions Catalyst to accelerate its mission of delivering cutting-edge technology solutions and exceptional client service. With $11.3 billion in assets under management, and a focus on investing across financial services and technology, Aquiline brings unparalleled expertise to the partnership, reinforcing Catalyst’s ability to scale its operations and expand its global footprint. This move comes at a time when the fund administration industry is experiencing a shift towards outsourcing, driven by increasing regulatory demands and the need for operational efficiencies.

Governance & Leadership Evolution

As part of its growth strategy, Catalyst has begun enhancing its governance structure and leadership team to ensure robust oversight and operational excellence.
These changes start with the appointment of new members to the boards of the Group’s parent company and regulated businesses, Catalyst Fund Administration and Catalyst Fund Services. Catalyst is delighted to announce the following appointments to each of its respective boards:

Catalyst Global Financial Group:
  • Scott Price, Executive Co-Chairman
  • Steve Georgala, Non-Executive Co-Chairman
  • Benjamin Reid, Executive Director
  • Tim Gravely, Partner and Head of Credit at Aquiline, Non-Executive Director
  • Carlos Farjallah, Non-Executive Director
  • Patrizia Bruzio, Non-Executive Director
  • The Board intends to appoint an additional independent Non-Executive Director in due course, and subject to the necessary regulatory approvals.
  • Frank Ferrara and Elliot Hambrecht, Vice President at Aquiline, Board Observers

 

Catalyst Fund Administration:
  • Scott Price, Executive Chairman
  • Benjamin Reid, Executive Director
  • Rossana de Maio, Executive Director
  • Matthew Surman, Executive Director
  • Veit Schuhen, Non-Executive Director

 

Catalyst Fund Services:
  • Scott Price, Executive Chairman
  • Benjamin Reid, Executive Director
  • Daniel Amorim, Executive Director
  • Matthew Surman, Executive Director
  • Veit Schuhen, Non-Executive Director

 

These appointments are subject to formal approval by the Cayman Islands Monetary Authority (“CIMA”).

Benjamin Reid and Scott Price will remain as Executive Directors of both Catalyst Fund Administration and Catalyst Fund Services.

Catalyst also extends its thanks to outgoing board member, Mr Jon McCorvey, for his support and expertise over the last four years. Mr McCorvey will continue to serve as a Non-Executive Director pending approval of the new appointment by CIMA.

Executive Leadership Team Promotions:

In addition to the appointments that are being made to the boards, Catalyst is delighted to announce the following promotions to the members of its executive leadership team:

  • Benjamin Reid, Chief Executive Officer (subject to the necessary immigration and work permit approvals by Cayman Islands authorities)
  • Scott Price, Chief Governance Officer
  • Frank Ferrara, Chief Revenue Officer
  • Rossana de Maio, Chief Operating Officer (Fund Admin)
  • Matthew Surman, Chief Technology Officer
  • Charlene Erasmus, Chief Finance Officer
  • Stuart Wright, Chief Strategy Officer (subject to the necessary immigration and work permit approvals by Cayman Islands authorities)
  • Janine Brown, Chief Client Officer
  • Linda Keun, Chief People Officer

These appointments reflect Catalyst’s commitment to strategic growth and innovation.

 

Technology: The Catalyst for Transformation

As the fund administration industry embraces a shift toward outsourcing, the role of technology has become paramount. Catalyst’s advanced automation, artificial intelligence, and blockchain solutions address the industry’s growing demand for operational efficiencies and transparency. By integrating these technologies, Catalyst not only enhances reporting accuracy and speed but also empowers clients with greater insights and seamless operational integration.
This focus on technology is matched by Catalyst’s unwavering commitment to client-centric service. By coupling innovative tools with personalized support, Catalyst has positioned itself as the trusted partner for fund managers and institutional investors navigating increasingly complex financial and regulatory landscapes.

Driving the Next Chapter

“Aquiline’s investment represents a pivotal moment for Catalyst,” said Benjamin Reid, CEO of Catalyst. “Their support empowers us to scale our operations and further our mission to redefine financial services with innovation and client-centric solutions.”

Tim Gravely, Partner and Head of Credit at Aquiline, added, “Catalyst’s forward-thinking approach and technological expertise align seamlessly with our vision for growth. We look forward to supporting their journey.”

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