Firms dealing with alternative investments (private equity, real assets, infrastructure, etc.) face the challenges of an increasingly complex array of data that comes in many forms (structured and unstructured) and must deal with cumbersome manual processes to get this data in a more consumable form. This CutterCast elaborates on the challenges in data collation for alternative investments and the tools and processes that firms use to overcome those challenges.
Chanelle Crabtree has extensive experience consulting for the asset management industry in Australia for the past 20 years. Chanelle has considerable knowledge and expertise in investment management, outsourcing, and the development of operational models that support the investment management lifecycle. Chanelle leads Cutter Associates’ Investment Operations and Outsourcing practice, and oversees Cutter’s Australia office. She has decades of experience working for investment management firms, custodians, and consulting firms, in roles that included middle-/back-office operational, business analyst, project management, consulting, and senior management. She has a deep understanding of investment management, covering the operational, governance, and system requirements to support all types of clients, products, and asset classes.
A former Director at Deloitte, Chanelle led key engagements, particularly for complex clients with diverse asset classes, covering target operating model design, sourcing, and implementation. Prior to Deloitte, Chanelle was a Lead Consultant at Morse Consulting Pty Limited, where she led various engagements that covered target operating model design, sourcing of custodians/systems, and implementations with investment managers and superannuation clients.
Gina McCafferty has 30 years of experience in the financial services industry. She served at Cutter from 1999 to 2011 as Principal and Managing Director of CutterResearch, and she was instrumental in growing that business. Gina returned to Cutter in 2017, and established and ran the company’s Wealth Management research division. In 2019, she was appointed to Head of Research, responsible for Asset Management and Wealth Management product development and delivery to over 200 member firms around the globe. Gina was previously at Investit Ltd., where she served for six years as head of the company’s research service. Prior to that, she held senior positions at DST International with product responsibility for their global accounting and performance measurement systems, and at SunGard as Vice President of Client Services for their securities trading products.
Shankar Subramanian has over 25 years of industry experience in investment management and technology solutions. Shankar has a deep understanding of investment data management, portfolio management, risk management, investment accounting, and alternative investments. At Cutter Associates, he heads the Risk and Compliance practice, helping client with investment risk management, and asset allocation, as well as providing support for compliance with consulting on trading forensics, communication surveillance, regulatory reporting, and guideline compliance. He advises on, and designs, operating models, selects systems, and implements business and technology solutions. He also leads development of Cutter’s alternative investments practices and the firm’s efforts to provide thought leadership and strategic and tactical advice to asset owner clients.
Prior to joining Cutter, Shankar held senior roles at IBM Global Services and PricewaterhouseCoopers (PwC), advising clients and leading global delivery teams in large engagements. Shankar holds a Bachelor of Science in engineering from the Indian Institute of Technology and an MBA in finance and information systems from the Indian Institute of Management.
Dane is currently serving as Research Director – Investment Decision Support at the Virginia Retirement System (VRS). Prior to joining the VRS, he held various analytical and management positions in the energy commodity sector. He started his career as a nuclear trained submarine officer in the US Navy serving for 27 years in the Active and Reserve components. His military service includes tours in Iraq and Afghanistan. Outside of work, he supports local non-profits in various board and committee roles. He holds a B.S. in Mathematics/Physics from Virginia Tech, an MBA from Chaminade University of Honolulu, and an M.S. in Financial Mathematics from the University of Chicago. He also holds the Financial Risk Manager designation.
Andy is a Director at Liberty Mutual Investments responsible for Financial Planning & Analysis for private market investments and has held various roles across accounting, operations, and reporting over the past decade. Prior to joining Liberty Mutual in 2013, Andy was part of the asset management assurance practice at PwC in Boston, MA. Andy has a M.S. in Accounting and a B.S. in Management from the Carrol School of Management at Boston College.
Ron Withelder Jr, Managing Director, is an Operations manager based out of our Delaware office with responsibility for AM Alternatives Operations.
The teams support our Private Capital, Private Equity, JPMAAM (Hedge Funds), Liquid Alternatives, Global Real Estate, Infrastructure, Transportation and cross-Alternatives product teams.
Ron has been with Asset Management Operations for over 20 years, working in a variety of teams and roles including Accounting and Reporting, Oversight for our EMEA Operations outsourced model, Fee Billing, Business Management, Funds Administration and Reconciliations.
Mr. Withelder attended Villanova University and Ursinus College earning a B.S. in Mathematics and later a Masters in Business Administration (MBA) from the University of Delaware.