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NES Financial Hires Michael Richards to Head Fund Accounting Team, Strengthen Private Equity Division

NES Financial recently hired Michael Richards, formerly of State Street Corporation, as Senior Vice President in charge of Fund Accounting.

Mr. Richards joins NES Financial after nearly 18 years at State Street, where he honed an impressive investment skillset working in hedge fund and private equity fund administration within their Alternative Investment Solutions division. There, he was responsible for a large global team servicing top institutional fund sponsors and LP customers, with a broad spectrum of alternative investment product types.

His background in alternative fund administration and financial reporting with leading private equity fund sponsors, will help to inform NES Financial’s approach to complex accounting transactions, automation, financial reporting and investor reporting, and to bolster their rapidly expanding presence in the private equity fund administration space.

Read the full press release by clicking here.

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