International fund and corporate services provider Aztec Group has appointed a head of US markets to lead its offering across North America.
Scott Kraemer has joined the fund administrator in its Philadelphia office, bringing experience across alternative markets in the Americas.
Before joining Aztec, Kraemer’s most recent role was as Vistra’s head of alternative investments for the Americas, which included New York, Dallas, Toronto, Atlanta, and the Cayman Islands.
Read more: Raymond James bolsters private capital business with four bankers
“Aztec’s phenomenal growth is a testament to their excellent client service and the people who deliver it,” Kraemer said. “I’m excited to be a part of that as we look to further expand on our footprint in the US, and to be joining a talented and growing team across Philadelphia and New York.”
Aztec entered the US with its first office in Philadelphia in 2021 and has seen strong growth since then.
Kraemer’s arrival marks a pivotal moment in the firm’s growth, reflecting its ongoing commitment to significantly enhance its US presence and drive innovation through substantial investments in technology, particularly in the areas of data and analytics.
Read more: Floating-rate products topped credit market performance in Q1
Over the past year, Aztec Group has also expanded to Ireland and made substantial investments in alternative investment fund managers while also strengthening teams serving the real assets and private credit asset classes – further expanding Aztec’s offering as a full-service fund and corporate services provider.
“The US represents a huge opportunity for Aztec as the single biggest jurisdiction for private markets. I’m delighted to welcome Scott to lead the business in the US,” said Aztec Group chief executive Kathryn Purves.
“His experience not just in private equity, but across alternative asset classes more broadly, coupled with his knowledge of the Americas, will be invaluable as we look to accelerate our growth in this important market.”
Read more: JPMorgan bullish on direct lending, puts $3tn value on private credit market
