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MUFG Investor Services Announces Key Hires to Expand Leadership and Capabilities

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Oliver Scully and David Sarfas join as client interest for custody and asset servicing needs grow.

London, July 17, 2018 – MUFG Investor Services (“MUFG”), the global asset servicing arm of Mitsubishi UFJ Financial Group, has appointed Oliver Scully as Head of EMEA Sales and David Sarfas as Global Head of Private Equity. They will be based in London and report to Mike McCabe, Managing Director, Global Head of Business Development, and John Sergides, Deputy Chief Executive Officer, respectively.

Oliver will be responsible for driving the growth of MUFG’s asset servicing solutions across private equity and real estate, as well as hedge funds and fund of funds, in the EMEA region to fully meet clients’ evolving needs. These solutions include fund administration, middle-office outsourcing, custody, depository, trustee, fund of hedge fund financing, foreign exchange and wider banking services.

Oliver joins MUFG from Citco Fund Services, a subsidiary of Citco Group, where he was a Managing Director responsible for sales and marketing, within EMEA. During the 14 years that he spent at Citco, he fostered relationships with many of the largest alternative asset management businesses in Europe and helped establish the firm’s footprint in the alternative investment industry.

“David and I are honoured to join MUFG Investor Services and be part of an ambitious and growing team,” said Oliver. “MUFG has one of the industry’s best reputations for delivering a broad range of compelling solutions to some of the world’s premier alternative investment management firms. We have followed MUFG IS’ growth with interest over the years and look forward to helping strengthen the firm’s service offering and client relationships.”

David will be responsible for driving the growth of our market share of the Private Equity and Real Asset business.  David was previously Managing Director, Head of Private Equity and Real Estate Europe at Citco Group where he was responsible for developing the Private Equity and Real Estate offering including driving strategy and determining market approach He has over 25 years of experience working with private equity and real estate clients and has managed transactions, due diligence assignments and administration services for some of Europe’s largest private equity and real asset funds. Prior to joining Citco in 2014, he played an integral role in serving alternative asset managers at both Houlihan Lokey, an independent global investment bank, and EY.

Oliver’s and David’s appointments reinforce MUFG’s commitment to growing its Investor Services business. MUFG has invested heavily in these sectors in recent years, most notably appointing Ben Griffiths as Managing Director, Global Head of Fund Financing, in October 2017.

“Oliver and David are dynamic additions to the team, bringing deep expertise in fund administration and transaction services, as well as in strategic development and finding solutions to suit clients’ needs,” said John Sergides, Deputy Chief Executive Officer. “Their expertise will allow MUFG to strengthen its partnership with clients and help them meet changing regulatory requirements, increasing demands of investors, and needed operational efficiencies for the rapidly evolving alternative investment industry.”

About MUFG Investor Services

MUFG Investor Services provides asset servicing solutions to clients globally. Leveraging the financial and intellectual capital of MUFG – one of the largest banks in the world with $2.7 trillion in assets – we provide clients access to a range of leading solutions from fund administration, middle-office outsourcing, custody, foreign exchange, fund of hedge fund financing, trustee services and depository to securities lending and other banking services.

MUFG has 90 years of custody experience, 350 years of banking history and has run a global securities lending program for 20 years. MUFG currently provides administration services for over 2,400 funds across all investment strategies, asset types and fund structures. It has over $500bn in assets under administration. Visit:

About MUFG (Mitsubishi UFJ Financial Group, Inc.)

MUFG (Mitsubishi UFJ Financial Group, Inc.) is one of the world’s leading financial groups, with total assets of approximately $2.7 trillion (USD) as of March 31, 2017. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with more than 2,200 offices in nearly 50 countries. The Group has more than 140,000 employees and about 300 entities, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group’s operating companies include MUFG Bank Ltd, Mitsubishi UFJ Trust and Banking Corporation (Japan’s leading trust bank), and Mitsubishi UFJ Securities Holdings Co., Ltd., one of Japan’s largest securities firms. Through close partnerships among our operating companies, the Group aims to “be the world’s most trusted financial group,” flexibly responding to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York (MTU) stock exchanges. Visit

Adel Raslan, Prosek Partners
+44 (0) 203 878 8574
[email protected]

Clients and Investors:
Jenny Redlin, MUFG Investor Services
(646) 761-0566
[email protected]